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The following was posted on December 14,2015
Today's comments are in Blue
Short term details:(every date is +/-)
Today's comments are in Blue
Short term details:(every date is +/-)
The short term and intermediate term cycles
are suggesting a bottom sometime in late November to early December. These
dates have now extended slightly into December. As of today this bottoming process has extended to at least last Friday Dec 11th. The low came in on Monday Dec 14th and this was one of the dates given to watch for a possible turn in the stock market.
Short term cycles
suggest some volatility from Dec 5-7th to Dec 24th. A high came in of Dec 7th and then catapulted down into last Friday Dec 11th The low came in on Monday Dec 14th and this was one of the dates given to watch for a possible turn in the stock market in the following paragraph.
The cycles suggest
several dates to watch for possible turns.
They are Dec 9, 11, 13, 14,
16-19 and the 24th. A lot of energy and
volatility came in on Dec 9th and Dec 11th and both were significant. Dec 14th was significant as well.
Dec 16-19 could be a high and Dec 24th a low as suggested by the short
term cycles. This was a direct hit as the high did come in on Dec 17th in the middle of the forecast range of Dec 16-19. So far, the Dec 24th +/- low was a little late as the market did bottom on Monday Dec 21st. But if you follow this Blog you would have read that there was a shift in the SPY Buying Pressure and that indicator called the market turn.
These dates are always +/-
From Dec 24th the cycles have an upward bias into December 29th to January 7-14
More on both the short term and intermediate term cycles as we get through some of these dates...
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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
Past performance is not indicative of future results
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