|

DJIA Fractal Forecast Showing a Wild Roller Coaster Year

An old Wall Street adage says, “As January goes, so goes the year”. This was the inspiration for our Dow Jones Industrial Average Fractal Forecast, for which you can now see the following 2016 forecast results. Our fractal model takes the January Barometer to a higher level of detail in that it shows forecasted highs and lows for the coming year.
 
The traditional January Barometer has been shown to be accurate, based on data since 1950, about 75% of the time, in forecasting the trend for the year. January 2016 showed a clear down trend, with the DJIA closing down 5.5% for the month. However, occasionally the model inverts and this is what happened for most of 2016.
 

 
     The 2017 DJIA Fractal Forecast is showing a wild roller coaster year which, following big ups and big downs, will likely end the year nearly unchanged. One interesting point is that the regular model is showing the lowest low for about August 7, on which there will be a Lunar Eclipse. Given there are only two Lunar Eclipses in a year, this is rather amazing that the Fractal Model seems to be in near perfect synch with the major planetary events months in advance.
 
      The 2017 Fractal Futures Forecast is ready now!  This covers 27 futures related markets for the rest of 2017. These forecasts are time sensitive, so you will want to get yours as soon as possible.  Subscribe this week and you can get a free 10 minute class with me on Skype to show you how to use these forecasts.  These forecasts are very simple, very easy to use, and have been amazingly accurate for many years.  E-mail subject line: Get 2017 Fractal Futures Forecast. 

This is an excerpt from the Astro Trend newsletter. Astro-Trend covers about thirty futures related markets including the major Financial Markets, such as the Stock Market, T-Bonds, Currencies, and most major commodities. We also offer intra day data which identifies potential change in trend points to the minute.

Author

Norm Winski

Norm Winski

Independent Analyst

www.astro-trend.com

More from Norm Winski
Share:

Editor's Picks

EUR/USD holds lower ground near 1.1850 ahead of EU/ US data

EUR/USD remains in the negative territory for the fourth successive session, trading around 1.1850 in European trading on Friday. A broadly cautious market environment paired with modest US Dollar demand undermines the pair ahead of the Eurozone GDP second estimate and the critical US CPI data. 

GBP/USD keeps losses around 1.3600, awaits US CPI for fresh impetus

GBP/USD holds moderate losses at around 1.3600 in the European session on Friday, though it lacks bearish conviction. The US Dollar remains supported amid softer risk tone and ahead of the US consumer inflation figures due later in the NA session on Friday. 

Gold trims intraday gains to $5,000 as US inflation data loom

Gold retreats from the vicinity of the $5,000 psychological mark, though sticks to its modest intraday gains heading into the European session. Traders now look forward to the release of the US consumer inflation figures for more cues about the Fed policy path. The outlook will play a key role in influencing the near-term US Dollar price dynamics and provide some meaningful impetus to the non-yielding bullion.

US CPI data set to show modest inflation cooling as markets price in a more hawkish Fed

The US Bureau of Labor Statistics will publish January’s Consumer Price Index data on Friday, delayed by the brief and partial United States government shutdown. The report is expected to show that inflationary pressures eased modestly but also remained above the Federal Reserve’s 2% target.

A tale of two labour markets: Headline strength masks underlying weakness

Undoubtedly, yesterday’s delayed US January jobs report delivered a strong headline – one that surpassed most estimates. However, optimism quickly faded amid sobering benchmark revisions.

Solana Price Forecast: Mixed market sentiment caps recovery

Solana (SOL) is trading at $79 as of Friday, following a correction of over 9% so far this week. On-chain and derivatives data indicates mixed sentiment among traders, further limiting the chances of a price recovery.