Replies to post #45855 on Short Term Trading Member Forum

[SilentOne]

hi Chris,

I think today's price action supports the 20 week low being behind us. I'll be sticking with this phasing and look for the 40 week nest of lows in late Nov. As I mentioned yesterday, I think the next short point will only come after Labour Day. It will take time for the the 20 week cycle to top out.

I'm off to Iceland tomorrow for a couple of weeks. It should be an adventure and I hope I can keep up with the gang.

GLGT.

cheers,

john