The Document

Login Subscribe Now
November 3, 2014

First Precursor In Place

Today's action was rather drab, and the only notable action was the S&P's successful effort to set a marginal, new bull market high, fulfilling its duty to set a higher high following a RT intermediate cycle. A new high is one of the precursors we were seeking to a failed and left-translated cycle. However, a new high does not confirm our framework and is not an actionable event. The next element needed to progress the expectation for ...


Login to read full article.

Recent Newsletters

Macroeconomic Blog | Cycle Trading Newsletter | TrendBands Fund | Library | About | Contact Us | Members