Posted 09 October 2017 - 04:08 PM
A Hurst cycle analysis of the SPX and Dow this weekend suggests some sideways chop to slightly down for the next 5-15 trading days before the sum of the cycles turn higher into year end. The same tools suggest that RUT and Compx may have hit cycle highs about now and lean toward a modest decline or chop for them before the sum of the cycles turns up toward the middle to end of the month and for at least a significant retrace and perhaps a test and break of current highs.
Thanks. Much appreciated.
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