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As a reminder, the market's primary cycles generally do not change often. However, I still like to start each week with a clear understanding of what type of market we are dealing with. For me, a quick glance at the color of the Primary Cycle board and the weekly/monthly S&P graphs below tells me an awful lot about the "state" of the key market cycles.
My Current Take...
There are no changes to the Primary Cycle board this week. And with the board predominately green it is easy to argue that the bulls are large