Markets just had an ugly week. A longer business cycle quietly turned favorable in the middle of it.
The Kitchin cycle, a roughly 3 to 5 year inventory cycle, entered a new favorable phase on October 31 that runs through May 2028. Since 1900, stocks have risen through these favorable stretches 89% of the time, with a median gain of 30.8%. Gains of 20% or more have outnumbered losses of that size 23 to 1.
This week's TradingEdge Weekly video covers the Kitchin cycle turn, a Nasdaq pattern match pointing to a choppy repair, breadth warnings stacking up, and gold at a one year low.
The full SentimenTrader market view:
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