Category Archives: Forecasts

The Dow Jones Cycle Location 10262018

The damage has been done.  It is confirmed that we are in the 4-year cycle high to low selloff phase.  A 4-year cycle high to low selloff can last anywhere 3-9 months or 2-3 years.  We will get more clarity after the quarterly closing on October 31, 2018.  

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The Dow Jones Cycle Location 10/19/2018

The DOW had an inside day on last Friday and it was also an inside week.  But the DOW was able to close firmly above the 30-week MA while all the other indices closed below it.  The market is appearing to be temporarily stabilizing by having an inside week. 

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Year End Rally Or No Rally

The stock market has suffered major technical damages across the board last week.  Historically midterm election years Octobers are downright stellar. These Octobers have been a time of turnaround, with 12 post World War II bear markets ending in October, including the most recent, 1987, 1998, 2001, 2002 and 2011.  Is the 2018 midterm election October an exception or will it follow the statistic to endow us a year end rally?

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DOW Cycle Location 09212018

The DOW and S&P 500 both closed at all time high last Friday, yet the NASDAQ is lagging behind.  At the end of August, NASDAQ was in overbought condition with 8.81% over 30-week moving average.  The current three weeks correction has been supported by the 10-week moving average.

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S&P 500 Cycle Location 09072018

The first week of September proves once again that September is not a good month for the stock market.  The market had a mild selloff that was led by the small caps and NASDAQ.  As soon as the S&P 500 broke out the old January 2018 high, it fell right back down below the old high.

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