Previous ROC –

Feb Apr Jun Sep Oct

Last year December:

Dec

Inflation…

Taper Talk

And current ROC…see event driven:

Wait for Fed Mtg Dec 18

So it can bottom on Dec 18 or 5 days later.  Because inflation is so low I suspect the turn point will be Dec 18 or 19. Look for 1st ‘up’ day at the close.

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