Walter Bressert Futures OnLine Using Cycle Trading Patterns to Buy Bottoms & Sell Tops in the Direction of Trend and at Trend Reversals
S&P500 Weekly
 

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The upturn in the 5-stoch oscillator indicates the 10-week cycle bottom is probably in place, and prices are now rising into the top of the second 10-week cycle due to top in the green timing band. The most probable time for the top to occur is 1/3 - 1/11 at 1208 - 1220. Following this top, the weekly cycle bottom is most likely to occur at 1090 - 1150, 1/14 through mid-February with a possible extension into mid-March.

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