Tuesday, October 1, 2013

Update on Oct 1st (the sequester day)

The current corrective phase is at the mercy of politics> The cycles and othe indicators suggest another week of choppy behavior.

The McClellan Oscillator and SUM Index
This is in a minor corrective phase within an uptrend
Click images to enlarge



The S&P 500 index with 15 day cycle



The Nasdaq Composite index with 15 day cycle

The QQQ with 15 day cycle (10/2 close)