Review of the last Short Term Forecast Dates Made Feb 15th
- Forecast Trend Change Dates are (+/-)
1) March 3-52) March 7-11
3) March 13-15
4) March 19-25
COMMENTS
Feb 28th - At this point the DJIA made an intraday high on Feb 25thand this was the high and right in the forecast window.
March 3 to 5 - not much happened here.
March 7 to 11 - DJIA bottomed on March 11th.
March 13 to 15 - Volatility in this window although the DJIA made anothe bottom on March 13th.
March 19 to 25 - Cycles suggest a top in this window
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) March 29 to April 32) April 5-7
3) April 12-13
Intermediate Term Forecast Trend Change Dates
Intermediate term - at this time the Short Term Cycles and the
Intermediate Term Cycles are not in sync. The Intermediate term cycles
suggest that the DJIA maybe turning up in the February/March time frame
into mid 2015 +/-.
After reviewing the short term cycles, it is likely that the DJIA may
drop into late March or early April.
Indicators and oscillators must be watched for moves in the market
because we are at a time where sentiment is optimistic and dumb money is
buying and smart money is selling. In the past this combination has
been a catalyst for a correction. A correction is over due and one
would be healthy at this time and it would be a launching pad for
another leg up.
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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
Past performance is not indicative of future results