Stock Market Trading: Stocks Completing Projected 4 – 5 Month Rally into late-April/early-May ’19. Why is May 2019 Vulnerable?
Stock Market Trading: Stocks Completing Projected 4 – 5 Month Rally into late-April/early-May ’19. Why is May 2019 Vulnerable?
04/17/19 Weekly Re-Lay Alert – “Stock Indices continue to validate and fulfill the 3 – 6 month outlook for an overall advance from late-Dec. into May 2019 – when a host of weekly & monthly cycles peak (in domestic and global equity indexes).
The latest rallies took hold last week and were expected to last into now – when daily & weekly cycles in the Transports project the next 1 – 2 week peak (April 15 – 17). That overlaps the latest phase of a 54 – 57-day (~8-week) low-low-low-high-(high) Cycle Progression on April 12 – 18 and a ~30-degree high-high-high-(high) Cycle Progression that has timed DJTA peaks in 2019.”
Daily & weekly trend patterns reinforcing overall outlook for equities to bottom in late-2018 (~3.25-Year Cycle) and then see a strong, 4 – 5-month rally into April/May 2019 (weekly cycles pinpoint late-April – early-May ‘19 as ideal period for a peak) – when a significant peak is expected. April 22 – May 3 is shaping up as the most likely time for a multi-month peak. Transports could lead the way lower (again).
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.