Picasso Cycle Update

The Short Term Picasso Cycle is not yet in sync with the stock market so only the Long Term Picasso Cycle will be discussed at this time.


Long term
As previously discussed, the LT cycles suggested a high in late November/early December and this suggested high on the LT Cycles chart kept shifting forward until it stopped dead on Jan. 17,2018.  Shortly thereafter, the stock market slide 10%+/-.

-Looking out into 2018 the Picasso LT cycles still suggest a mid year low, BUT, the mid year low is now shifting forward with the addition of new daily and weekly data.  It currently is suggesting a low in late July/early August.
-This also coincides with the four year Presidential cycle (2017-2020) where there is usually a low in the second year, (2nd yr is 2018), and a high in the third year, (3rd yr is 2019).  It is widely known that the mid-term years are the best years for the stock market.  

***Keep in mind that nothing works 100% of the time!
The "key" is to be able to recognize when the second year low is in and when the third year high is in.   
This will be watched carefully and an update will be made when the charts and cycles suggest that a bottom has been made. 

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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.