We changed the format in a way that we now included the CTI (Cycle Turn Indicator) in the signal section. The weekly CTI is a leading / coinciding indicator which is supposed to confirm the SUSI Signal. In this function the CTI can act as a qualifier for new Signals or as a warning or confirming Sign for exisiting (previously good) Signals.
Market Comment:
- Oil/Gold/Dollar are driving the Market and all 3 of them seem tired
- If OIL & Gold breaks so will the market, given that a good amount of sectors are on the cusp of breaking
- we are also right in the middle of our 1938 roadmap around Nov. 15 and a S&P target of 1120
- we also have non-confirmations to the new highs from key markets like the BANKS!!
- Watch also the trendline from the March-lows. Some have recaptured it some don't!
- We could be here at a crossroads where Mr. Market will falter or accelerate to the upside
- Dec 6-8 could be the next stop for either a new high or a first low...
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