The uptrend beginning in September should persist until the end of January 2014 for an intermediate-term peak. I then foresee a weak period between this January 2014 top until the end of February 2014. A secondary top should form at the beginning of April after which I foresee a greater correction into mid-May. The subsequent two months should exhibit strength.
Follow signals from the Prophet4Traders system to identify turning points in the U.S. stock market
The purpose of this site is to share results of a trading system that I use for identifying both long-term and short-term trading opportunities. I take the time to do this because of my passion for investing and helping others succeed. The system helped me avoid the "Crash of 2007/2008" and every major correction since then. The cornerstone of my trading system are analyses of market liquidity to gauge longer-term market sentiment and equity and index options (put/call ratios) to identify short-term entry and exits.
This site is for information purposes only. Past performance of the trading system is not a guarantee of its future success. Please consider consulting a qualified investment adviser before making investment decisions.
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Saturday, July 20, 2013
Update to 12 Month Outlook -- After the correction (archive)
The market corrected as predicted. The apparent strength to new highs should reverse again into mid-September. For short-term traders, I will be posting ideas for shorting this market in the upcoming weeks.
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