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June 2, 2013

Market Neutral

Stocks took a dive to close out the last session of May and leave their daily cycle clearly within the grips of a primary decline. With a Day 29 count, the daily equity cycle enters its timing band for a low in the coming week, and while that band is three weeks wide, I do not anticipate an extended decline at this point. The SPX will likely find support for this daily cycle decline at ...

 

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