exfilesI probably didn't word that right.By "maximum" I meant...

exfiles

I probably didn't word that right.

By "maximum" I meant time, not when max price will be reached.

IE., It could go up till the end of March at most but according to Hoye's studies it can be NOW but no later than end March.

Of course his sample is fairly small, so saying 3 months is longest from signal is not an absolute.

Still, if we get a correction here, I expect it to be just a correction, BUT will still be very circumspect because of his analysis that it may be much more major.

Although I think SPX will not make new all time highs for some years, I don't rule out a retest and with that Dow making a broadening pattern which will give in new highs in the 16,000's.

Unlikely perhaps, but I quite like XJO monthly chart especially if we can get past the 5100's. A lot of resistance to do that.

I admit to finding this year difficult to predict based on cycles and other aspects. On that basis I am just mechanically trading.