If you follow my posts and comments to those posts you know that Shadow7 thinks the 20 week cycle bottomed today, whereas I have it positioned to bottom in about 2 weeks. Now David Knox Barker is the authority on the Kitchin and Wall cycles IMO. So see what he thinks: http://www.safehaven.com/article/20555/tracking-the-wall-cycles-in-search-of-the-business-cycle-top-in-2011 (I believe this is his last article on the subject). Now I copied the second chart inverted colors to make it more readable and added a couple of notations in the bottom right corner. Here is Barker's chart with my notations:
Traders - you decide. Now or in two weeks? Now I agree that the 20 week cycle has reached the point where it is starting to (should) exert maximum downside momentum.
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