Stock Market Low
01/31/15 Weekly Re-Lay: “Stock Indices have convincingly validated the latest phase of short-term & intermediate-term analysis. They were expected to immediately sell off to begin January. They were then projected to bottom on Jan. 15thor 16th and then rebound into Jan. 23rd or 26th (and test 17,851–17,951/DJIA, 2057.5–2071.75/ESH & 4272–4320/NQH)… and then reverse back down.
There were multiple reasons for expecting a Jan. 23rd peak (see previous Weekly Re-Lays for details) and a decline into the end of the month…The Indices fulfilled this with uncanny precision…
Looking ahead, these signals and two contrasting cycles are honing the 2–4 week outlook…If they spike to new lows on Monday – and then rebound for a couple days – the Indices would create a corroborating short-term low-low-(low) Cycle Progression for Feb. 17–19th.”