es weekend update 10-08-22

Summary: Since this week should contain a low, and seasonals have a low on Tues,and my cycle bottoms Monday, my best guess is the decline goes into Mon. or Tues. The next seasonal low is the 19th. Whether we go down enough to hit 3500s again or even the 3400s is unclear. Sooner or later it's likely but if this bear wants to go into 2023 like March or so there's plenty of time for a big rally first. Stay tuned!

Besides my cycle low due Mon and the seasonal low due Tues the 40 day cycle and one other shorter cycle bottom on the 14th so as my weekly cycle indicates some kind of low may hit next week! I'm also watching the 19 th and the 25th for turning points. One of these lows is going to launch a huge rally IMHO.