vvg
I have been a proponent of election cycles and decennial cycles but am a bit perplexed at the moment.
They pretty much called the June low.
Election cycle chart. If you shift this a little to the right you get June low and Sep high.
It does imply eventually higher into year end.
The decennial chart had a similar low. It even has a dip about now but mostly up.
However DeMark and other prognosticators see things more bearish.
And I have mid 2013 as a low for XJO and late 2014 in the US.
Perhaps these are minor blips in an upmove!
I do suspect after 3.5 years up, a bigger correction must be due sooner than later.
Bull markets can be longer than 5 years sometimes but not often.
If this bull had started this year rather than 2009 I would be more comfortable with a move up into 2017 without much retracement but...
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hats off to the mods wednesday, page-39
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