Stocks Completing 5-Month Cycle
Stocks Completing 5-Month Cycle;
Mid-Jan – Mid-Feb. ’18 Peak Likely.
Daily Cycles Concur.
01/13/18 Weekly Re-Lay: “Stock Indices accelerated higher as they near the culmination of 5-month AND 10-month low-low-low-low-(high) Cycle Progressions. Those cycles helped pinpoint almost every decisive low of the past three years, including the April & Sept. 2017 lows projected for last year (see Jan. 2017 – 40-Year Cycle Stocks: 2017 – 2021 Report).
The more significant 10-month cycle, after timing a 3 – 6 month peak in Dec. 2013, then set the first of those lows in Oct. 2014 (following a sharp, Sept./Oct. sell-off) – 10 months later.
That low was followed by the Aug. 2015 low (initial culmination of Chinese equity crash – dropping over 40% in 2 – 3 months), the June 2016 low (a sharp sell-off on the heels of the Brexit vote) and the April 2017 low (following the first anticipated correction in 2017).
Those 4 successive lows ushered in the time for an ensuing 10-month advance (instead of a full cycle involving a 10-month advance & correction) – and an inversion of this cycle, projecting a potential high in Feb. 2018. The 5-month cycle corroborates that and projects a peak for Jan./Feb. 2018…
The intra-month uptrends are likely to extend that into mid-month – the same time that a ~30-degree cycle in the DJIA matures (Nov. 15 – 18 low – Dec. 15 – 18 high – Jan. 15 – 18 high).”
Stock Indices remain positive, as they near the convergence of 5 & 10-Month Cycles that timed almost every critical low of the past three years. Both of those cycles are now expected to invert and time a multi-month peak between mid-Jan – mid-Feb. 2018. Price action will continue to govern, filter and/or hone these cycles and provide more specific expectations & strategies.
See Weekly Re-Lay & INSIIDE Track for additional details.