DJTA Projecting Early-Feb. Low
Feb. 2nd/3rd = Likely Bottom.
Acute Focus on March/April ’17.
01/21/17 Weekly Re-Lay:
“Stock Indices remain positive though becoming more mixed every few days. The Nasdaq 100 & S+P 500 remain in uptrends as the DJIA turned its daily trend neutral several times but has been unable to reverse it down.
From a cyclic perspective, the DJTA fulfilled the potential for a rebound into Jan. 17–20th – perpetuating a ~6-week low-low-low-high-high Cycle Progression…That Index argues for the next multi-week low to take hold in early-Feb. – 180 degrees from its early-August (secondary) low as well as 30 & 60 degrees from the two latest intermediate lows (all of these were set within 1 trading day of the respective new month).
And that is corroborated by a ~90-degree low (Aug. 2)–low (Nov. 4)–low (Feb. 2nd/3rd) Cycle Progression in the DJIA…”
Stocks Poised for impending peak followed by early-Feb. low (perpetuating 4-week & 8-week low-low cycles). Subsequent rally could stretch into culminating phases & time a late-Feb./early-March peak. 17-Year Cycle reinforces analysis for a more significant peak by the end of 1Q 2017… and the onset of a troubling period, at least into March 2018. See Weekly Re-Lay & INSIIDE Track for additional details.