Business cycle indicator

http://research.stlouisfed.org/fred2/graph/?g=ceb
Watch for fall below zero.

jrcc

    Triangle. Downside target equal to start equivalent: ~4.38

market timer

Monday Oct 22, after the bell. S&P at 1433.81

He predicts S&P at 1,478.33 to 1,485.33 between Tuesday Oct 23 and through Nov 7.

Also says most indicies have had there high for the year:
S&P  1474.51 high , 1433.81 at prediction
qqq   3196.93 high, 3016.96 at prediction
dow 13661.87 high, 13345.89 at prediction

According to Bloomberg, he says a decline of 12-17 percent from the highs(doesn't say when)
So target of 1227.01 to 1307.09 on S&P.

chart