Shining Bright
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Bob Loukas is the founder of The Financial Tap. With over 20 years of experience in market analysis and trading, Bob is a life-long student of economics and has an abiding passion for the financial markets.
He is a leading expert in Market Cycles. His love of Cycles emerged from the study of the work of Walter Bressert, a pioneer in the field.
Originally from Sydney, Australia, Bob has been settled in New York City for the past 16 years. His background is in Computer Sciences, with extensive experience in the Financial Software arena. Prior to launching The Financial Tap, Bob served as a senior executive at various Fortune 50 firms where he led development of financial trading and reporting software.
This content is for members only
This content is for members only
This content is for members only
This content is for members only
This content is for members only
This content is for members only
The last time Crude oil was headed back down towards a major Cycle Low, back in October, I published the post “Crude Oil Headed Lower”. With that post I presented the below chart, outlining the most likely path Crude would take based on historical Cycles.
We were right on the price target and off by just 4 days with regards to expectations for a major low. That was a Cycles prediction which included a $15 decline over 8 weeks. For members that took that trade, it was obviously significant.
But along with that Cycle Low, we were able to enter into long positions as Crude pivoted out of the Investor Cycle Low. Such lows only occur twice per year and they’re always significant events. They’re often amazing buying opportunities for the longer inclined investors, especially when the predominant trend is to the upside. Fast forward a couple of months and below is the same chart (with same red prediction trend-lines as above) with today’s pricing.
This content is for members only
This content is for members only
This content is for members only