The 10-13 Week Cycle

Hi energyi - just read your excellent thread. Had a quick look at the charts, and see that both 21 and 34 MA on SPX are at 905. However SPX failed at this level y'day, albeit a very low volume day. I agree with you abut the cycle rally, but need to see it go through 905. It would bust these MA's and the daily downtrend - this would imo be the powerful move needed to convince people we're headed up for the next few weeks. While we're above the latest lows at 880, but remain under the 21,34 and 55 MA i remain 50/50 long/short. But through 905 and i will be long for the next few weeks...