Cycles are a tool and should not be used to the exclusion of other tools. There is always the possibility (high probability long term) that the data will be misinterpreted or a relevant fact over looked. So use cycles to check your analysis, not as the only reason to make a decision. Interpretation is the opinion of the author and may be incorrect and should be viewed in that light.
Sunday, September 8, 2013
sep 09, 2013 weekly outlook
The market continues to edge higher as a shorter cycle (the 23TD cycle) tops next week. I expect a high of 1670 or higher by end of the week.