here is the deal - the time window for the next 10-week cycle low is anywhere from yesterday until 11/2/04 - and DJIA, which is by far most bearish of the indexes, went slightly lower today than yesterday, and is right at the same exact level as on 8/13 i.e. at a strong horizontal support.
at the same time, NDX has gone to a slightly higher high today for this most recent 10-w cycle (i.e. since 8/13), in total opposite of DJIA.
anyway, whenever this 10-week cycle low finally arrives (and perhaps it did arrive yesterday/today at least when looking at SPX/OEX/DJIA), there ought to be a very strong rally to the upside.
also, re. DJIA, since it's at the same level as on 8/13, it is evident that at least some stocks are recording their G2 80-w cycle lows right now (and as previously predicted for a mid-Oct timeframe).
