I don’t have much time to write since I am travelling.
However, yesterday, October 11, at the close, a
primary bull market was signaled
according to Schannep’s Dow Theory, as the Industrials finally bettered their
secondary reaction closing highs, and thus confirmed the SP 500. More about the
setup that led to the signal here and here.
With luck, I’ll plan to delve further into this signal
next week.
Sincerely,
The Dow Theorist
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