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
Wednesday, October 26, 2016
chart: Harry Dent's Spending Wave
The above chart was updated in 2013.
In general the shape of the red spending wave and the blue line of the DJIA (adjusted for inflation) share a very common shape. The yellow areas highlight common highs and lows. The two black vertical lines display the 2016-17 forecast high and the 2020-22 forecast low. What is very interesting is that JustSignals LT cycles are calling for similar highs and lows. Rough times just ahead is a very good possibility, unfortunately.
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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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