Cycles attempt to find Cycle Lows using “Time” within a timing band (High’s have no real timing band and other TA must be used). That said, Cycle Turns often hinge on some news event (e.g. BREXIT triggered a 5 month low in Stocks and Gold surged out of a Low).

Tomorrow, Janet Yellen’s speech at Jackson Hole will likely be such an event (sadly our markets seem so addicted to QE and easy money that every FMOC meeting or FED speech seems to create big turns).

http://www.cnbc.com/2016/08/25/there-are-risks-for-markets-and-yellen-at-jackson-hole.html

Stocks are in their timing band to find a short term Trading Cycle (TC) low but have been chopping sideways waiting to see what Janet might be Yellen. If the market likes her speech, it may well skip this TC Low and surge higher.

https://goldtadise.com/?p=379570

The USD was moving into a TC Low but has paused, waiting for… what else?

https://goldtadise.com/?p=379591

Gold and the Miners are in their timing band to find a short term TC Low.

https://goldtadise.com/?p=379448

Oil has paused from its recent uptrend out of a 5-6 Month Intermediate Cycle (IC) Low..

https://goldtadise.com/?p=379585