Brace Yourself for a Brief Dip

Coming off the cycle low in late August, it looked as though we should see a new advance develop. Last week it was a reluctant advance, but on Monday the market really took off, and it seems to have further to go.

The cycles would suggest another two to three weeks of pushing higher before starting the next down leg in the pattern. But it may be a bit difficult getting there, because the markets have produced such bullish statistics in the last five sessions that we have already become very overbought on a short-term basis....313 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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