Friday, June 19, 2015

Short Term Update

Today on Twitter there was a chart by SeeItMarket.com on the 7th year of the Presidential cycle (this occurs when a President serves two terms).  In addition, their link takes you to an article which included another chart on the 3rd year of the Presidential cycle.  Both the 7th year and the 3rd year of the Presidential cycles fall in this year, 2015.
Here are those charts.


courtesy of SeeItMarket.com
Both of these charts show a rough several months just ahead before a year end rally.  Of course, both of these charts are the "averages" of several 3rd and 7th years.

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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