Saturday, September 26, 2015

Week of Sep 28, 2015 and Oct outlooks

WEEK of Sept 28:

In the coming week all the long cycles are down (see second chart) as well as the 5 week cycle is down.  The longer cycles should be entering a HARD down time frame over the next several weeks, but should control the short term (next week) also.

Month of Oct:

As stated above the long cycles are down and should control the month of October and longer.  Expectations are that October could probably kick off a substantial move down 10-12% and give us an official "bear" market (pullback of 20% or more),

GL traders

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