JustSignals successfully uses both composite cycles and technical analysis to maximize gains and minimize losses... "Confidence is contagious. So is lack of confidence" -Vince Lombardi
Thursday, August 13, 2015
Short Term Update
The following was posted on July 24,2015
Todays comments are in BOLD
June 30 to July 8 & may be to July 13 & possible to July 20th - cycles suggest a potential consolidation period with a possible bias to the upside.
This was true for QQQ, DJUA, SPY, DJTA, but not for IWM, DJIA
Relative strength of each must be monitored
Short term details:(every date is +/-)
July 17-20 high high was made on July 20th
July 23-29 low On time so far
Aug 4 high On Aug 3rd for DJUA and on Aug 5th for IWM, QQQ, DJTA, DJIA, SPY
Aug 8 low Made on Aug 7-8
Aug 13 high At the close a high was made intraday
Aug 19-20 low with some jiggle around Aug 15-17
More as we approach Aug 19th
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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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