Wednesday, June 3, 2015

Forecast Update

From April 24,2015 post

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 as forecasted

June 2-3   poss  low - In the first 30min after the market opened yesterday morning this was posted, "Watch short term indicators to confirm this potential low".   As of this writing the futures are up, so the market probably bottomed early yesterday morning and in our forecast window, so far, of June 2-3.

June 18-19   poss top - From here the cycles suggest a bias up into June 18-19+/-.  Since June 19th is a Friday it may include Monday June 22nd so watch your indicators for evidence of a trend change.
 
July 29   poss low - more as we approach June 18-19


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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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