Wednesday, December 17, 2014

Short Term Forecast quick update

On the Nov 6th post a forecast date of Nov 29th was made.  The DJIA topped on Nov 28th and then made a small marginal new high on Dec 5th before falling 900 Dow points. 
Then on the Nov 26th post a forecast date of Dec 16th was made.  The DJIA so far, posted it closing low on Dec 16th.

Please note the dates in the Nov 26th posts were as follows:
NEW SHORT TERM FORECAST DATES - Forecast Trend Change Dates are (+/-)
1) Dec 6 +/-
2) Dec 11-14 +/-
3) Dec 16 +/-
4) Dec 25 +/-

Since the next post will probably be made after the Holidays, here is the next forecast date:
5) Jan 3rd +/-

Happy Hanukkah, Merry Christmas and a Happy New Year !

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.   

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.   

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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

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