As we forge ahead into the year 2013, I wanted to post an article going over the complete yearly forecast path, as suggested by the various time cycles that I track – and also with other indicators such as seasonal patterns, the Bradley indicator, and also the post-election ‘presidential cycle’ pattern in stocks.
With the above said and noted, the projected path for 2013 looks somewhat similar to that seen in 2012, though with a larger percentage correction being expected in the second-half of the year – primarily due to the position of the larger 180-day, 360-day (18-month) and four-year cycles. In- between, there should the normal up-and-down gyrations along the way, ideally with a peak in here in January ideally giving way to a low in February, prior to returning to strength again into late-Spring or early-Summer, setting up for that important top with the 360-day wave.
As for the various time cycles that I track, the 45-day cycle is seen as 10 days along and is currently labeled as bullish. The 90-day cycle is seen as 40 days along and is also labeled as bullish, while the larger 180-day wave is seen as 40 days along and is regarded as bullish. The 360-day cycle is 322 days along and is currently labeled as neutral, while the four-year cycle is 972 days along and is also regarded as neutral at the present time.
full article at source: http://www.marketoracle.co.uk/Article38534.html
- U.S. Stock Index Cyclical Forecast for 2013 (safehaven.com)
- Guest Commentary: Long-term Cycles in AUD/USD are Bearish…But Not in the Short-term (forextv.com)
- Market Report: Time to Put on the Bear Suits? (safehaven.com)
- Market Turning Points (safehaven.com)