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| 2016.01.22 DJIA Cycle Model Chart |
According to the cycle model, downward pressure on the DJIA will continue until the mid-February 2016 time frame. A previous iteration of the model is shown below and here on the date it was posted.
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| 2015.06.12 DJIA Cycle Model Chart |
1 comment:
Hi Paolo,
Wow! No comments for 2 weeks! ;)
I expected a retracement based something in between 2000 and 2008 tops.
The Global Dow though signals a clear bear market:
http://stockcharts.com/h-sc/ui?s=%24DJW&p=W&yr=17&mn=9&dy=0&id=p56601386994&a=438918079
Can you see the annotations? The SpecialK is very clear on that.
I hope nobody pulls a QEx out is its *ss ;)
That would be a pain!
Regards, Diego.
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