A trough formed in stock markets as we expected, but it is still difficult to know for certain whether it is the trough of the 40-week cycle, or whether that trough still lies ahead.
In this video I look at the S&P 500, DJIA, NASDAQ, DAX, and FTSE.
We also take a quick look at the EURUSD which continues to trace out some good cycles, and at GOLD which reached its A-category trade target last week at $1200.