Time points to price, and price points to time regarding the high and this upcoming March 6 anniversary.
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Although the truth is often plain to see, investors don't believe what they see.
The first five trading days of January show a high frequency of matching the full month and the full year.
Are these "vibrations" merely happenstance?
Will September's and October's market performances steal strength from the typically strong period of November through December?
Cycles are the only discipline that allows one to anticipate market turns as opposed to reacting to them.
When there are a cluster of these relationships, as there are currently, the likelihood of something major playing out is greater.
It looks like a break below 1,698 will be a first sign of great expectations not materializing.