Here are those charts.
courtesy of SeeItMarket.com |
Now to take a look at the short term and intermediate term cycles. Both suggest some volatility in the months ahead much like the two charts above suggest.
Short Term - the following has been suggested for many weeks in this blog, but, it also is similar to the 3rd year Presidential chart above
June 19 - possible high
June 26 - possible low
June 26 to July 8-13 - cycles suggest a potential consolidation period
July 29 - possible low
Intermediate Term - The following is also similar to the 7 year Presidential chart above
June, July, August - high
September, October - low
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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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