The timing methods point to a market low now:
- October 27th is the average low in any year
- The end-of-month period of strength is in effect
- It is also a low in the 1-4-10 year cycle
- One of the most bullish and reliable cycles is the 15 months beginning with the mid-term elections. There are 2 more months to run in this consistent cycle.
I must add that the market technical condition is not strong, but the cycles point up.
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