As I have stated in several of my posts, nothing is new under the Sun. It is up to us that we look for similar patterns in the past, to deduct the pending conclusion.
One of the most dominant time cycles of the financial markets is coming in on October 8 (+/-2). Financial Markets have been struggling to go higher and been stuck in the range for about a week. Would this time cycle create a change in the trend, which has been since August 30th and or July 1st in some markets? This cycle has created a longterm reversal in the trend before, it has the potency to do it again, as the price cycles have been setting the stage up for it.
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