likesmoneystudies posted: " Stocks broke bearishly out of the megaphone topping pattern this week. Stocks are currently in a daily downtrend. Rejection by the lower trend line will indicate a continuation of the daily downtrend and trigger a cycle band sell s"
Stocks broke bearishly out of the megaphone topping pattern this week.
Stocks are currently in a daily downtrend. Rejection by the lower trend line will indicate a continuation of the daily downtrend and trigger a cycle band sell signal.
However this could also be the buying opportunity for the year.In the Weekend Report I take a look at the bigger picture for stocks. I breakdown where stocks are in their daily, weekly and yearly cycles andwhy I believe that the best opportunity for gains for the year is still in front of us.
I was running a special 6 Week Trial Subscription offer for $15 this week -- which I will extend to Sunday night. Your 6 week trial subscription you will give you full access to the premium site which includes:
1) The Weekend Report, which is posted usually Saturday mornings. It discusses Dollar, Stocks, Gold, Miners, Oil, & Bonds in terms of daily, weekly and yearly cycles – Which includes the Likesmoney Cycle Tracker.
2) The Mid-Week Update. Posted on Wednesday's is a review of the daily charts for the above mentioned asset classes.
3) The Weekend Updates take a look of the daily & weekly charts of GBTC, DAX, GYX, NATGAS & XLE.
4) Weekly Update of the Bullish Percentile Bingo
5) Frequent updates of my proprietary FAS Buy/Sell Indicator
The goal of the Weekend Report is to develop an on-going framework of expectations using cycle analysis.
>>> For the special 6 Week Trial Subscription offer for $15. click here.
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