It suggested:
- January 2018 high,
- June/July 2018 low
- Early October 2018 high
- Late December 2018 low
Once we are in the window of a Picasso Composite Cycle date, we then look for a change in trend on our charts for confirmation. When we did that in 2018 the swing trades were very good with nice double digit gains instead of a loss as in the indexes.
Summary of 2018 PCC Performance - https://bit.ly/2Giz648
Compare the Bottoms 2018, 2003, 2009, 2016 - https://bit.ly/2Eph7XB
2003, 2009 & 2016 had a breadth thrust after their respective bottoms similar to Dec 2018
Note the patterns. Some chop develops after 2 months and into a 3 month high. Then some volatility before a move higher.
If you follow @JustSignals on Twitter, you would have seen this post on Feb 22,2019
What is Picasso suggesting now?
The Cycle is shifting from a high around early April +/- to now a high around late March +/-. Always note the "+/-" as there are no guarantees!
This is only a suggested area for a change in trend, so we keep watching our charts for confirmation even when approaching this time period.
Watch for the next Picasso Cycle Composite Date and any further comments on the Picasso Cycle.
This year, 2019, maybe the last year that the Picasso Composite Cycle Dates will be posted and discussed on this Blog. In lieu of posting this information here, this information may be posted on a subscription site.
*For those interested in joining a subscription site for the Picasso Composite Cycle dates, please leave a comment at the bottom of this post. Thank you!
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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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