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10 week cycle turned down as 5week cycle tops


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Information here is not meant as trading advice. Please do your own DD before any decisions.
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May have (appears) SnP 500 topped near
 3000.  Here is a channel chart showing the  SPX:



Good Luck


Information here is not meant as trading advice. Please do your own DD before any decisions.
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Top expected soon.


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Information here is not meant as trading advice. Please do your own DD before any decisions.
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   Lack of pullback after FOMC indicates market is not ready for pullback yet. Sometimes you get the BEAR - sometimes the bear gets you.




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Information here is not meant as trading advice. Please do your own DD before any decisions.
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Early week up.  FED meeting could reverse market  by mid week.   Chart confirms this - see for yourself:

GL traders
Information here is not meant as trading advice. Please do your own DD before any decisions.
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The 40 week cycle has turned down.  The 20 week cycle is UP...  The 10 week cycle is TOPPING, as the 5 week cycle BOTTOMS.  (10 week mid cycle dip may be enough to trade  and it may not be enough to trade.  Be careful.)

Given this interaction of cycles we have seen about 6-7 % pull back  in the SnP 500.  This should be enough to warrant s bounce next week as the 10 week cycle turns down along with the 40 week being down.

GL traders
Information here is not meant as trading advice. Please do your own DD before any decisions.
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The 40 week (9 month) cycle has topped and turned down, but lacks downside momentum.  The 20 week, 10 week, and 5 week cycles have bottomed and turned up.  Therefore I would expect sideways to slightly up/down as the cycles play against each other near term until the 40 week cycle gains more downside  pressure.

See for yourself:



GL Traders
Information here is not meant as trading advice. Please do your own DD before any decisions.
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Dow Jones Industrial  Average showed a mid cycle (40 weeks cycle) dip.  I had projected May 15 as a dip bottom.  Appears bottom was  May 13....

With the ups and downs as the 40 week cycle topped  hard to not lose money,  My only gains were some CDs paying interest and some dividends.  Stock gains were  mainly missing.

As stocks gain downside momentum looks like "sell in May and go away " may be good advice.  I have $150k in CDs and bonds  (bond funds).  Also about $200k in an IRA annuity.  Only about $20k in equities.  May trade a little around the edges June to August.



GL traders
Information here is not meant as trading advice. Please do your own DD before any decisions.
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Here is the 40 week half cycle down time line:


GL traders

Information here is not meant as trading advice. Please do your own DD before any decisions.
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Chart is weekly chart.  Appears we got a 40  week mid cycle down Wed-Thur.

 Now 40 week cycle (9 months) turning down as 20 week and 10 week cycles turn up...….

 


GL traders



Information here is not meant as trading advice. Please do your own DD before any decisions.

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