The Lord’s Prayer
Our Father, who art in heaven, hallowed be thy name. Thy Kingdom come, Thy Will be done, on earth as it is in heaven. Give us this day our daily bread and forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but deliver us from evil. Amen
7:45 am
Good Morning!
There was an unexplained glitch in my website that not only lost all the data, but denied access as well. I will not speculate on the cause. Fortunately, a backup was available dated October 30. So, I am running again with no plans to restore the lost data.
SPX futures are consolidating after a week of gains. Last Thursday’s call for a low was spot-on. The Cycles Model suggests a possible retest of the November 5 low in the next two weeks. The explanation…the Cycles Model shows no particular strength through the rest of the month. The month of December, however, may be very active.
The alternative may be a continued rally, instead. A rally above the 52-day Moving Average may introduce the rally with a buy signal.