Econocasts

▼

Sunday, January 24, 2016

2016.01.22 DJIA Cycle Model Chart

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.

2015.06.12 DJIA Cycle Model Chart








at

1 comment:

  1. DiegoFebruary 1, 2016 at 4:20 PM

    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.

    ReplyDelete