Cycles analyst Jim Curry says S&P 500 won't exceed 1069 this month, and watch for turns Nov. 11 & 27

Cycles analyst Jim Curry has shared some of his forecasts for the S&P 500 along with his analysis and predictive charts, in this article earlier today at Safe Haven: Jim Curry | Current Cyclic Outlook for the S&P 500, http://www.safehaven.com/article-14917.htm. He explains why he sees resistance that will prevent the SPX from surpassing 1069 this month. He also drills down more specifically to his projections for price levels, and turning dates that may provide low dates (or low and reaction rally turns). He even addresses turning dates on the Bradley model. I'm confident many swing traders will find this interesting. Here's just a small quote with on of his several charts:

The chart below shows the approximate position of the 90 and 180-day cycles, which are the cyclical components that are responsible for the current selling wave:

Of course you'll want to check out the rest of his charts and forecast comments in the article at the link above. I can see how this can "fit" with what we're looking for as a large C wave down, which might finish its own 5-wave first wave down later this month. That could then tie in with a large second wave, "Santa rally" into December and maybe early January. As for levels to consider for the downside this month, I've thought of SPX 960 too as a "head and shoulders" target, or at least a revisiting of the 982 Fibonacci/pivot level.

So it's a good opportunity for many readers that Jim Curry posted this very interesting cycles analysis, also folding in the Bradley model. It's even a great article for those who just want to understand cycles better, because he shows graphically how the shorter-term and longer-term cycles interact and how he pulls them together for his forecasts. Jim's own website is Market Turns Advisory at http://cyclewave.homestead.com/.