SPDR S&P 500 (SPY)

[leftyg]

Dan....grin..one thing about Gleno is that he has a system and follows it..at least I think he does. A lot of us get into trouble changing around. I happen to think there are any number of systems that will come out ahead if scrupulously followed.

Just to contribute something here..I don't understand e-waves, but I can see them after they have formed. I don't think there is much doubt that cycles (not necessarily waves) exist throughout nature, as well as the markets. The Hurst wave analysis seems to have some value, in my limited understanding. The best practioner I know is Airedale......I will include a link for any interested. His call has been a 10 week cycle low this week, and then some upside. All fwiw, of course.

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