denis, thanks for the kind words - to anwer your question, we are nearing the general time frame where normally a right-translated 10-week cycle would top, about 30 or so trading days from the low, and extrapolating the 20-w LMA right now gives the upper limit of about 1640-1650, and ideally after that top is in, we should consolidate / decline into the next 10-week cycle low ideally due beginning of January.
however, if the underlying trend is strong, we could just move upwards in a "stairwell" fashion into end of the year and then do a very brief consolidation into that next 10-w cycle low and then go even higher into rest of January - but there is no way to predict that right now, so I would have to assume that we will get a "regular" right-translated 10-w cycle.
will see, good luck.
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