Stocks Completing May ’19 Sell-off; “Cast Shadows Ahead’ to Aug. ’19 for Related Decline: 3Q. ’19 Danger Period in Focus.
06/01/19 Weekly Re-Lay – “Stock Indices added powerful corroboration to the forecast for a substantial decline from May into Aug./Sept. 2019. They turned their weekly trends down while closing below their weekly 21 Low MACs – a convincing duo of weekly signals that confirms a multi-month peak. In both cases, those signals usually come within 1 – 2 weeks of an initial low and reactive bounce so a 2 – 4 week bottom could soon take hold…
Stock Indices have provided a key level of validation to the outlook for May – Aug./Sept. 2019. They turned their weekly trends down, confirming that a multi-month top is in place and increasing the likelihood for another wave down – that could last into August 2019…
They have now fulfilled the first primary objective in the May – Aug. outlook and could see a culminating spike low before some consolidation and/or a rebound.”
Stocks poised for June rebound while casting shadows ahead to Aug. ‘19 for sharper decline. 40-Year Cycle & 4-Year Cycle project increasing trouble in/around Aug. ‘19… with a sharp sell-off likely – that could resemble Aug. 2015!. Why is 3Q ’19 so dangerous?
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.