OnLine Cycle Analyst's Seminar - TimeBands- 19

Viewing Instructions:
Click on the Real Media Audio link below to begin; click Next to go to next chart. Before clicking on the audio link, allow the chart to fully load. If the charts do not download completely, right mouse click and choose "refresh".

A rise above the swing high at "B" will confirm the daily trading cycle bottom and indicate the weekly cycle may also have bottomed, with a rise a 50% retracement at 295 possible.

A word of caution: If the swing high at "B" is exceeded, and the market quickly reverses, a drop to test the 250 level is very likely to be seen as the weekly cycle bottoms in the second half of January or February.