New Stock Market Cycle

Posted on Posted in Daily Blog Post

My stock market Cycle model underpins the new rising Cycle in Stock market probably after the possible minor correction for the next 2-3 weeks. We may have seen short term interim peak last Friday or possible extended peak this week around Friday 15th November. See the chart below

20141109a

20141109b

The next higher peak probably will occur in Jan 2015 (60 days after October low) and April 2015 (unless Cycle inversion –need monitoring), 6 months after the October low 2015.

I still believe 2015 will see a powerful rise in DOW SPX and NDX. Was the October 15 low the confirmed 10% correction low? I believe so. Market history shows DOW has a recurring pattern of upside and downside like the one below

20141109c

Share This :
Facebooktwittergoogle_plusredditpinterestlinkedinmail

Leave a Reply

Your email address will not be published. Required fields are marked *