In both of the above charts it appears that the market may have some rough sledding ahead.
It seems that the market may correct and or have some sideways chop.
This is happening just when the Picasso Cycles suggests that the market maybe in the window of a high. See posts for the last Picasso Cycle Update.
A pullback at this time +/- may give way to some kind of short term OS or undervalued market which should be a base for a rally into the February/March2018 time frame. After that, if it does happen, the Picasso Cycles still suggests a mid-year low.
After that......well, first lets take one day, one week, one month at a time.
Updates will be made as the market progresses.
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This has been posted for Educational Purposes Only.
Do your own work and consult with Professionals before making any investment decisions.
Past performance is not indicative of future results.