No sweet Valentine for equities: Dow Jones Industrial Average, S&P 500 and Nasdaq markets likely to tumble lower this week of 2/16

We don't expect a sweet week for the Dow Jones Industrial Average or other equities markets, despite the St. Valentine's day weekend. The forecasts we've been enjoying for such great predictive power, from ChartsEdge, show that the markets are in for another rough week coming up. Frankly, doesn't this fit in well with the bad earnings and economics outlook we commented on earlier today? Now, for the week coming up - Of course, the U.S. equities markets are taking a holiday on Monday. So for those trading equities markets in other countries on Monday, it might be reasonable to take into consideration these cycle forecasts. For the rest of us in the Dow Jones Industrial Average (which should trade similarly to what's shown for the S&P 500), and the Nasdaq and other U.S. equities markets, it might behoove anyone to examine any remaining bullish assumptions about where the markets are headed: