Since the beginning of the year I was saying that I was expecting a Low in October. This is what I said in my Reports and in the S&P500 Bulletin in August the 25th:
I think you understand what I want to show you. The tendency of the
actual scenario is an imminent High around the 25th and then down
with a Low in October. We can have some deviations from the main path but
generally this looks to be the tendency we have to follow to trade in the next
few months. Also, this is confirming the other studies that are suggesting an
imminent High and a Low in October. This is the forecast I’m going to follow for
the next months.
It was November 2013 when I wrote the 2014 S&P500 Bulletin, where I said:
Actually, I’m expecting an uptrend starting from
October and this month could be a good buy opportunity, even possible Low of
the year.
Here we are!!! No bad...
Enjoy Trading!!!