As anticipated and also noted in last weekly update at this
link, we got the expected weakness in S&P this week with a decline of about 55 points in S&P futures. Markets peaked at cycle high and bottomed little bit early but consolidation continued till cycle bottom time (see below cycle chart) before starting to move back higher again. The following note was sent to the S&P regular update subscription mailer on Wednesday after the close of 06/26/2019 timing the exact bottom. Upside follow though should continue this week now.
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| S&P Regular Update - 06/26/2019 |
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| S&P Short-term Cycles - 06/28/2019 |
