Posted below are a couple of charts annotated with analysis of a few time projections for May/June 2013. The first chart shows a confluence based on the weekly chart that lines up for the week of 5/31/13 (+/- a week). It looks like it may be important for a potential market reversal, but timing projections haven't been working well for the last few years. I imagine cycles and other indicators will eventually start working again, but I don't know if that time has come.
The second chart shows a 394 trading day cycle low that has occurred with some panic selling on two of the previous lows. Since we're entering a Puetz Crash Window, I suppose anything is possible. The sentiment is extremely bulled up but there aren't many technical divergences that typically precede significant sell-offs. I think there is more important timing for lows in July 2013, so we'll see soon enough if anything happens around the June 19th-21st area.
Kim Rice 5/19/13
The first chart shows a confluence based on the weekly chart that lines up for the week of 5/31/13 (+/- a week). It looks like it may be important for a potential market reversal, but timing projections haven't been working well for the last few years. I imagine cycles and other indicators will eventually start working again, but I don't know if that time has come....how to invest in stocks
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