Picasso Cycle Update

The Short Term Picasso Cycle is still not yet in sync with the stock market where it can be useful.  So only the Long Term Picasso Cycle will be discussed at this time.

This year the Picasso Cycle has helped us greatly in suggesting when we can expect a change in trend.
See the recaps below.

Long term 
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 Cycle suggested a mid year low.  This Cycle low came in late June / early July.   The DJIA low at that time was marginally higher than the actual March low.

October 1,2018 the Picasso Cycle suggested a high +/- and again this high was confirmed by the daily and 180min charts.  With an October 3,2018 high, the market dropped into October 29,2018 and Picasso helped side step this correction and profit from it.

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What is Picasso suggesting now?
The Cycle is shifting again from a low in late Nov / early Dec to now a low around the end of Dec +/-.    The Picasso Cycle, again, stopped on Dec. 20,2018 in the same way it did in January 2018.  
Now we know that this cycle bottom on Dec 20th was only 2-3 TD's from the low on Dec 24th.
This does not preclude new lows between now and March 2019.  
But it does suggest that if that were to occur that it "should" be a buying opportunity going into March 2019.

After the suggested Cycle low in December occurs it then suggests a high in March 2019.  This March 2019 high has been suggested for some time now.  So we need to give it time to develop.  If it changes as we get closer it will be noted here in a future post.
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***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 confirmed. 

Keep following JustSignals using Twitter, @StockTwits or Follow By Email. Just submit your email address in the box on the Blog homepage. 
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.

Picasso Cycle Update

The Short Term Picasso Cycle is still not yet in sync with the stock market where it can be useful.  So only the Long Term Picasso Cycle will be discussed at this time.

This year the Picasso Cycle has helped us greatly in suggesting when we can expect a change in trend.
See the recaps below.

Long term
As previously discussed, the LT cycles suggested a high in late November/early December 2017 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%+/-.
This was posted on October 1,2018 and the Picasso Cycle suggested a January high and was just 2 weeks early.  This gave us time to watch for the confirmed sell signal on daily and 180min charts.

Looking out into 2018 the Picasso LT Cycle suggested a mid year low.  This Cycle low came in late June / early July.   The DJIA low at that time was marginally higher than the actual March low.
This was posted on October 1,2018 and the Picasso Cycle suggested a mid year low which was confirmed on the daily and 180min charts.

The Cycle is shifting again and it is currently suggesting a high around now +/- .
This was posted on October 1,2018 and the Picasso Cycle suggested a high around now +/- and again this high was confirmed by the daily and 180min charts.  With an October 3,2018 high, the market dropped into October 29,2018 and Picasso helped side step this correction and profit from it.

****************************
What is Picasso suggesting now?
The Cycle is shifting again from a low in late Nov / early Dec to now a low around the end of Dec +/-.  Note that this same pattern occurred last year when the cycle first suggested a high near the end of November, then the end of December then finally mid January where it stopped cold and did not advance forward again.  The stock market topped about two weeks later.
After this suggested Cycle low occurs it then suggests a high in March 2019.  This March 2019 high has been suggested for some time now.  So we need to give it time to develop.  If it changes as we get closer it will be noted here in a future post.
*****************************

***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 confirmed. 

Keep following JustSignals using Twitter, @StockTwits or Follow By Email. Just submit your email address in the box on the Blog homepage. 
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.