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With respect to cycle analysis, the rebound during the last three sessions confirms that the Alpha Low (AL) of the current cycle formed on November 9 as predicted by the cycle low signal that was generated on November 10.
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The failure to rebound meaningfully off of the AL is another bearish sign that favors a return to the previous lows of the long-term downtrend. We will identify the key developments as they occur in our market forecasts and signal notifications available to subscribers.
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Post Written By: prometheusmi
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