Daily Global Economic Calendar

Real Time Economic Calendar provided by Investing.com.

Wednesday, March 8, 2017

VIDEO: Winter T Review and S&P500 Trend

In this video I review projections of Advance-Decline Time Symmetry with center post on December 1, 2016. This "Winter T' was originally identified in December (post link) and later updated in January (post link). Although i had some concerns about validity of this T, it worked out very well and guided stock market higher without any meaningful pullback.

There still remains a matter of unresolved "Nested T' with centerpost on January 19, 2017, identified only a few days after center post was fixed. Here, the initial projection is already satisfied, but "Nested T' displayed some strange behavior in a beginning of February, which leads me to believe that remaining projections for March 17 and especially April 4 will most likely target a low (give or take 3-4 days).

My Advance-Decline Indicator (MADI) is under 'Zero" line, indicating unfavorable period for stocks.
S&P500 Trend analysis, based on custom Keltner channels, shows market as overextended and on a cusp of imminent correction. Based on prior occurrences, this dip may be about 7% (or as far down as 2200SPX). Caution is required, accordingly I carry about 40% cash balance in main account, but my approach will remain flexible and subject to change based on constantly evolving variety of possible outcomes.


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