Thursday, September 16, 2010

$$ Cycle Turn Dates

Using my Advance-Decline oscillator, here are my current projected cycle turn dates for the S&P:

Top
September 22 (based on the accumulation pattern at the July 2 low)
September 29-October 1 (based on the accumulation pattern in late August)

I expect the top to form in this late September range.  I'm watching to see if a distribution pattern develops.  

Bottom
October 11-18 (based on the distribution pattern in early August)

These turn dates are subject to change as information develops.  For more on my Advance-Decline oscillator, see the September 9, 2010 blog entry below.
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1 comment:

  1. PositionSizingSeptember 16, 2010 at 2:24 PM

    Prior Cycle Turn Date projections using my Advance-Decline oscillator:

    Bottom:
    August 26 - September 2 (based on distribution pattern in early August).

    Actual bottom was August 27.

    Top:
    July 29 - August 2 (based on accumulation pattern in early June)

    Actual top August 9. The August 9 top was 2 points higher than the August 2 high.

    Bottom:
    June 25 - July 7 (based on distribution pattern in mid- to late-April)

    Actual bottom was July 1.

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