Monday, April 21, 2014
Next Swing High in Stocks Due 4/23/14
My analysis for this is based on some proprietary timing methods, so no charts today. After a bit more fine tuning, my timing work is pointing to 4/23/14 as the on-time day for the next swing high in stocks. If we do top around this time, my analysis suggests the on-time day for a potential low is 5/16/14 followed by a bounce and a lower low likely around 7/11/14. I would give the dates a trading day or two either way, but would be most alert for potential reversal on the on-time date. Price-wise, I think the swing down into mid May, if it occurs, should break below the 4/11/14 low and perhaps approach or even breach the 2/3/14 low. It's all theoretical speculation, as is every forecast about potential future events.
Kimston
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