SPY 60min chart

At the time of this post the SPY was 211.12

Short term cycles suggest  a short term low may occur on May 28-29 and then a short term high may occur on May 29 - June 1 before then next suggested low around June 3 +/-
Some of the indicators display some short term positive divergence.
Check your charts in the last 30min to see if that is still the case.

Keep following JustSignals using Twitter or Follow By Email.   

Just submit your email address in the box on the Blog homepage

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

Short Term Forecast

Originally posted on

Friday, April 24, 2015

Since this original post below was made on April 24,2015, the forecast, so far, has been correct.  
The SPY high was made on May 20th at 213.78 and on May 21st the SPY high was 213.75.  Then the market fell big on May 28th.

The cycle dates to watch are posted again below and are to be watched carefully along with indicator/oscillators to provide evidence of potential turns on these dates.

DJIA cycle dates to watch
DJIA
Cycles look like a consolidation period into May 21 with a slight bias to the upside, no real short term directions suggested by the cycles although some may develop along the way.
May 21   poss top - this came right on time
 *To add at this time, as the cycles suggest, a short term low may occur on May 28-29 and then a short term high may occur on May 29 - June 1 before then next suggested low around June 3 +/-.
June 3 +/-   poss  low
June 18-19   poss top
*Also, cycles suggest possible consolidation between June 26 and July 8 before some further downside cycle action is suggested.
July 29   poss low

The intermediate forecast is for a top either on May 21+/- and or June 18-19+/- with a potential correction into July 29+/-.  The cycles then forecast a rally into November and or January.
Keep checking for further updates.

Keep following JustSignals using Twitter or Follow By Email.   

Just submit your email address in the box on the Blog homepage

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

McClellan Summation Index

              McClellan Summation Index & SP500 from July 2014 to May 27, 2015

The McClellan Summation Index (SI) is another indicator that is displaying evidence of negative divergence in the stock market.  Others shown here are, buying pressure, High-Low 10DMA, daily VIX, etc.. 

The most recent high in the SI was recorded on May 13,2013 in the extended chart above produced by Worden Bros. TeleChart.  The SI has had lower highs since.

Keep following JustSignals using Twitter or Follow By Email.   

Just submit your email address in the box on the Blog homepage

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

Buying Pressure Update

                                  Chart dates from Oct 1, 2014 to May 27, 2015

The above charts are 1) top - SPY and 2) bottom - Buying Pressure of the SPY
The charts currently show a negative divergence going back to the buying pressure high on Nov 20, 2014.  It continued to make lower highs as the SPY was making higher highs. 

Keep following JustSignals using Twitter or Follow By Email.   

Just submit your email address in the box on the Blog homepage

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

Buying Pressure ???

The above charts are 1) top - SPY and 2) bottom - Buying Pressure of the SPY
The charts currently show a negative divergence.  The SPY has made higher highs and higher lows.  The Buying Power has been making lower highs and lower lows.

Keep following JustSignals using Twitter or Follow By Email.   

Just submit your email address in the box on the Blog homepage

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

SPY & the Hi Lo 10dma

Note the divergences.  SPY is in an uptrend defind by higher highs and higher lows.  The 10 dma of the Hi Lo chart is in a downtrend as defined by lower highs and lower lows.
Watch and see if the SPY breaks down and catches up to the Hi Lo chart or if the Hi Lo chart breaks the downtrend line to catch up to the SPY.
Other indicators are being watched to gather evidence of one of the suggested moves.

Keep following JustSignals using Twitter or Follow By Email.   

Just submit your email address in the box on the Blog homepage

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

6 Year Bull ... 7 ?

JustSignals follows both short term and long term cycles.  The longer term cycles have been and still does suggest that some kind of a correction is near along with a year end rally. 

Keep following JustSignals using Twitter or Follow By Email.   

Just submit your email address in the box on the Blog homepage

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

AAII - this weeks #'s

This morning the above was posted on Twitter.

Below is the DJIA chart of May & June 1988

If history is going to repeat itself, then we may be looking at a similar type correction before a year end rally.
If you are up to date with the posts in the blog then you know that the cycles discussed here are forecasting such a move.

To repeat:

Cycles look like a consolidation period into May 21 with a slight bias to the upside, no real short term directions suggested by the cycles although some may develop along the way.
May 21   poss top
June 2-3   poss  low
June 18-19   poss top
July 29   poss low

"History doesn't repeat itself, but it does rhyme." -  Mark Twain

Keep following JustSignals using Twitter or Follow By Email.   

Just submit your email address in the box on the Blog homepage

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

Updated Forecast

Originally posted on

Friday, April 24, 2015

Since this original post below was made on April 24,2015, the forecast, so far, has been correct.  The cycle dates to watch are posted again below and are to be watched carefully along with indicator/oscillators to provide evidence of potential turns on these dates.

The intermediate forecast is for a top either on May 21+/- and or June 18-19+/- with a potential correction into July 29+/-.  The cycles then forecast a rally into November and or January. 
Keep checking for further updates.

DJIA cycle dates to watch
DJIA
Cycles look like a consolidation period into May 21 with a slight bias to the upside, no real short term directions suggested by the cycles although some may develop along the way.
May 21   poss top
June 2-3   poss  low
June 18-19   poss top
July 29   poss low

Keep following JustSignals using Twitter or Follow By Email.   

Just submit your email address in the box on the Blog homepage

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

Daily VIX update

This is the chart of today's daily VIX.
As previously posted, on April 8,2015, you should be watching this carefully.
Today the VIX broke above the trend line.
If you have been reading these posts you will know that the stock market is approaching a turning point but that can happen anytime soon and is over due.

Keep a careful watch on your indicators to confirm this move.

Keep following JustSignals using Twitter or Follow By Email.   

Just submit your email address in the box on the Blog homepage

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

SPY weekly chart and indicator

The chart above is the weekly SPY (top chart) and a weekly oscillator (bottom chart).
As the oscillator goes above 80 the SPY tends to get toppy.
We are there again.

Based on cycles, the next "area" to watch is coming up soon. (See the April 24,2015 post)

Keep following JustSignals using Twitter or Follow By Email.   

Just submit your email address in the box on the Blog homepage

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