Wednesday, June 10, 2015

Short Term Update

Excerpts from original post on June 3,2015   

Today's comments, June 10th,  are in BLUE

The cycles have been performing well, but, what do they expect between today, June 3rd, and June 18-19? 

Today's Comments June 3rd
Today the cycles are suggesting some grinding up into June 10 +/-.
Although the short term cycles did not get closer to the June 3 +/- forecasted bottom, the market did bottom a few trading days later on June 9th.   The originally forecast grinding up from June 3 +/- ended up being a one day thrust up, catch up,  into the June 10th forecast date today.
Then some consolidation or pullback into June 11-12 +/- with the market trying to add some more to the upside into June 18-19 +/-.



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 on this 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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