Short Term Forecast

Review of the last Short Term Forecast Dates Made Nov 6th
- Forecast Trend Change Dates are (+/-)
1) Nov 14th-16th +/-
2) Nov 29th +/-

COMMENTS

On one of the forecast dates, Oct 17th +/-, the market started a rally from the Oct 15,16 bottom.  The next date to watch is Nov 29th especially since the intermediate term forecast is for a down bias after the period of mid to late November. 

Following cycles has been good to use as a guide or as a potential future road map, but, other tools must always be used for confirmation of any forecast trend change date.  

 

NEW SHORT TERM FORECAST DATES

- Forecast Trend Change Dates are (+/-)
1) Dec 6 +/-
2) Dec 11-14 +/-
3) Dec 16 +/-
4) Dec 25 +/-

Since cycles do not distinguish between trading days and calendar days, the cycle dates may come out on Holidays or weekends.  So the dates suggested that do fall on such days are to be used as a window.   So, as always, other tools must always be used for confirmation of any forecast cycle trends.  All forecast dates will still be noted with a "+/-" because the cycle dates are not always as perfect as we would like them to be.  Although they have been pretty accurate.   

Intermediate Term Forecast Trend Change Dates

Intermediate term cycles forecast at this time points up into mid to late November and then a down bias into December/January. 

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This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions. 
Past performance is not indicative of future results