Update: SPX Hurst cycles (my current phasing)... 06/27/16 80-week 08/02/16 5-week 09/12/16 10-week 10/13/16 5-week 11/04/16 20-week 12/01/16 5-week 12/30/16 10-week So I think there is still plenty of room to run, and I expect the miners (led by VALE) to continue to lead. My New Year's resolution is to use any available resources to increase my long-term investments in secondary oils (no more options trading). Have a happy and prosperous New Year!