Mikula Forecasting Company

MarketWarrior: Forecasting With The Mirror Cycle

Here is a discussion of forecasting with the MarketWarrior indicator "Mirror Cycle". When you apply this indicator to a chart you must manually select a starting point for the indicator. On the chart below the red line is the Mirror Cycle. The word "Start" marks the starting point for the Mirror Cycle. The key to forecasting with the Mirror Cycle is that the cycle must correlate with several market turning points before it is used to make a forecast. The chart below is a daily chart for Apple symbol AAPL. On this chart the Mirror Cycle correlates with the market turning points labeled 1, 2, 3 and 4. Now the indicator is ready to make a forecast. The turning points labeled 5 and 6 are forecast market turning points. I expect Apple to move up to pivot 5 and then fall down to pivot 6. The stock prices will not be the exact prices of the Mirror Cycle but the timing of the cycle turning points should be close.



Here is a long term example using a weekly chart. This is a weekly chart for Exxon Mobil symbol, XOM. On this chart I have applied the MarketWarrior indicator "Mirror Cycle". The Mirror Cycle starting point must be manually set. On the chart below the word "Start" marks where I have manually set the starting point. To make a forecast the Mirror Cycle should align with several pivots before a forecast is made. On the chart below the Mirror Cycle and the market correlated at pivots 1, 2, 3, 4 and 5. The pivot 6 is currently in the process of forming. The forecast for this weekly XOM chart is for the market to complete a bottom at pivot 6 and then move up to a top at point 7. The pivot 7 will be a top in November.