Jump to content



Photo

RUT Week 122818


  • Please log in to reply
3 replies to this topic

#1 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,436 posts

Posted 28 December 2018 - 10:55 AM

can definitely trough for the year until about Aug.

 

a lot of rotational damage can occur to an account from left for dead sectors

 

 

https://i1129.photob...zps1edbg1fx.png


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#2 q4wer

q4wer

    Member

  • Traders-Talk User
  • 1,945 posts

Posted 28 December 2018 - 10:55 PM

I am not sure how to read your picture.  trough for the year until Aug.  meaning :  going down until August?

RUT%20W%20122818_zps1edbg1fx.png



#3 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,436 posts

Posted 29 December 2018 - 07:22 AM

well is should follow the red average line that is the summation of all cycles,

 

but it wont exactly when any individual cycle is active. there are a couple up cycles now, 32 blue and 76 yello so it can go up

 

once and then lower. There is a lot of spread in the individual cycles too so it should be mixed and volatile. Some event like a later low in the

 

summer can realign and syncronize the cycles into a more confident pattern. The dow qtrly also looks low and flatish for the whole year.

 

When I see this I dont expect anything good for a while but would expect lower again in the near future.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#4 AChartist

AChartist

    Tim

  • Traders-Talk User
  • 5,436 posts

Posted 29 December 2018 - 07:34 AM

actually Ive also seen events like QEiii and a big rally align and turn the cycles early from a mixed mess like this, so it can be anything

 

but I dont think that is the case this time, I have another view of the chart that looks out a little further and it looks

 

like Aug is the later low. It should go up 4 weeks now up to 7-8.


Edited by AChartist, 29 December 2018 - 07:35 AM.

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan