Monday, July 23, 2012

2012.07.20 Weekly Cycle Charts









































The predictive curves of the short-term cycle models for the DJIA, Gold, Silver and the Amex Oil Index are all showing strong downward trends for this week going to the end of July. The Amex Oil Index is set to make a multidecadal low by the end of July, followed by a strong uptrend for the rest of the year.

I am pressed for time and will provide the longer term models only at the beginning of each month. My apologies are extended  if this causes readers any inconvenience.