Friday, January 18, 2019

Picasso Cycle Update

The following was posted on December 14,2018

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 +/-.

In addition, if you follow @JustSignals on Twitter, you would have seen a post about going long on the next up day.

The Picasso Cycle low was suggested to be around the end of December and the indicator that suggested to buy on the next up day was able to catch a buying opportunity on Wednesday December 26,2018.

So far the gain for the S&P 500 is 12.1%

Watch for the next Picasso Cycle date and any further comments on the Picasso Cycle.
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.
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5 comments:

  1. jj914January 18, 2019 at 9:32 AM

    It would be more meaningful to see a short term future signal instead of yesterday's signal.

    ReplyDelete
    Replies
    1. JustSignalsJanuary 18, 2019 at 4:57 PM

      In recent blog posts it said that the next "Picasso Cycle" high to be in March/April. Note that it means the cycle high and not necessarily a stock market exact high. The cycle tries to suggest times that are near highs and lows. Sometimes it misses, but, not often.

      Delete
    2. JustSignalsJanuary 18, 2019 at 4:59 PM

      Also note that the end of Dec Picasso Cycle low was posted prior to the low. Thx for your comments...

      Delete
  2. KevinJanuary 18, 2019 at 2:16 PM

    Yes, i agree. Hindsight is always 20/20. You posted it on Dec 14th...today is Jan 18?:((

    ReplyDelete
  3. JustSignalsJanuary 18, 2019 at 5:10 PM

    I do not trade based on the Picasso Cycle lows and highs. I use them as guidance. I confirm the cycle lows and highs with trend following techniques. Helps you to get in the trend and not guess when it will start & possibly be wrong. Also note that a Tweet was sent out from @JustSignals on Twitter saying that another indicator suggested getting long on the next up day in the market. Between this indicator, the Picasso Cycle and trend following methods, it all came together on Wednesday Dec 26th. Thx for following!

    ReplyDelete

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