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.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
EUR/USD holds on to intraday gains after upbeat US data
EUR/USD remains in positive ground on Friday, as profit-taking hit the US Dollar ahead of the weekend. Still, Powell's hawkish shift and upbeat United States data keeps the Greenback on the bullish path.
GBP/USD pressured near weekly lows
GBP/USD failed to retain UK data-inspired gains and trades near its weekly low of 1.2629 heading into the weekend. The US Dollar resumes its advance after correcting extreme overbought conditions against major rivals.
Gold stabilizes after bouncing off 100-day moving average
Gold trades little changed on Friday, holding steady in the $2,560s after making a slight recovery from the two-month lows reached on the previous day. A stronger US Dollar continues to put pressure on Gold since it is mainly priced and traded in the US currency.
Bitcoin to 100k or pullback to 78k?
Bitcoin and Ethereum showed a modest recovery on Friday following Thursday's downturn, yet momentum indicators suggest continuing the decline as signs of bull exhaustion emerge. Ripple is approaching a key resistance level, with a potential rejection likely leading to a decline ahead.
Week ahead: Preliminary November PMIs to catch the market’s attention
With the dust from the US elections slowly settling down, the week is about to reach its end and we have a look at what next week’s calendar has in store for the markets. On the monetary front, a number of policymakers from various central banks are scheduled to speak.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.