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Commodity Trading Discussion Forum

Statistically, Seasonally, Cyclically so...

Posted By: Rick Ratchford
Date: Monday, 2 November 2009, at 10:08 p.m.

Based on seasonal cycles (you know, those cycles 'seasoned' with Lawry's ;), the SP500 'statistically' is due to rally for at least two days.

With today's low inside daily oversold territory, and with dynamic cycles indicating a swing bottom centered on 11/3, I'd say the probability is pretty darn good for higher-highs for at least a couple days.

Disclaimer: Keep in mind folks that statistics are what they are. No guarantees, but we're not dealing with guarantees, we're dealing with PROBABILITIES.

Cheers!

Rick

Precision Trading at its best.

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