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some Peaks have formed in the various markets that we have been tracking in these Market updates and in todayamp;#39;s market update weamp;#39;re going to be taking a look at those Peaks and considering what is happening in the analysis we will start as we usually do with the Samp;amp;P 500 this is SPX data and you will know that the analysis we have been tracking has an 18mon cycle trough over here in October of last year there is a question mark surrounding the magnitude of this trough that formed in the middle of April you can see that in this analysis it is phased as a 20we cycle trough however here is the circle and whiskers for the 40we cycle indicating that it is possible that this trough instead of being a late 20we cycle could have been an early 40we cycle trough regardless of the magnitude of that trough in April we know that we have been expecting an 80-day cycle trough to form in the markets and in last weekamp;#39;s market update I presented the possibility that that 8
