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.

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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