Short Term Cycle Update

The following was posted on January 15&17,2016
Today's comments are in Blue

Short term details:(every date is +/-)

The DJIA fell into Jan 4th which was one day after the Sunday Jan 3rd cycle date.  The market then tried to rally, but, made a high on Jan 5th and then continued down into a low on Jan 11th.  The DJIA then tried to rally and made a high on Jan 13th then again resumed it's fall.  As this post is being written the DJIA Futures are down -150.00 points.  If this continues on Friday Jan 15th, the possibility for another drop into the next cycle date of Jan 18th - 20th will increase.

The Jan 20th bottom, so far, occurred on a cycle date forecast weeks ago.

 

The chart below, nicknamed "Picasso", shows the new forecast cycle dates.

 

The chart above is a suggestion of potential future moves in the market.

Always use  other indicators to CONFIRM the cycles suggested market trend.

 

Intermediate Cycles suggest  some sort of correction in the first half of this year.  

This is still the forecast.

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