Saturday, October 8, 2016

weekly outlook Oct 10, 2016

A mid cycle dip as the 5 week cycle bottoms and the 10 week cycle tops.  Possible mid week low because of this mid cycle dip.  The 20 week (and longer cycles) down.

Many chartists use Fibonacci numbers to try to identify CITs (change in trend).  34day Fibonacci indicates potential CIT early in November.

GL traders

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