FOR MONDAY: (11/14) Cycle lows due by the first hour of trading and then we may get short-covering before the progress weekly report. Tuesday is unclear and we will continue to monitor patterns. Seasonal lows are due this week and buying usually happens before Thanksgiving. 

TODAY’S COMMENTS: (11/14). Acceleration to 107.15 could happen the next few days before a pullback. More cycles are positive than negative this week so no reason to get all beared up. A 4th-wave pullback to 104.70 coming once 107.15 comes in. Will leave it alone but have a bias to buy dips into mid-Monday if the market isn’t breaking hard. Cycles are very volatile and there’s an unusual 16-year cycle this week that we need to research that we last saw in Jan. 2000.



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