I guess I should have reread McLaren before I spouted my anlaysis.
He suggests if we pullback into the weekend then it is like 1938 or 1975.
The Dow had a minor pullback into 6 months from the major low from 1938 and then a month and a half more upside to a major top.
The SPX had a minor pullback into 6 months from the major low from 1975 and the 3 and a bit months up to a major top.
So that suggests a low into this coming weekend leaves a further leg up to complete the move, according to that idea.
How much more upside? I guess a month and a half is close to Laundry's mid October peak. Over 3 months and that would be the final remaining cycle high I work with!
And if it doesn't continue down into the weekend? A few suggest if strength just continues into Oct then watch out below.
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