Cycle Composite Indicates No Progress Until October

By on June 15, 2010

Mike Santoli of Barrons reports on Ned Davis’ Cycle Composite:

ALMOST NO YEAR IS “TYPICAL.” But the Ned Davis Research chart here of the 2010 Cycle Composite shows that this year has been pretty close. The composite equally blends the past behavior in the second year of a presidential term, years ending in zero and the annual seasonal pattern. And we had just started to believe the news mattered.

Click on chart for larger image:

Source: Barrons

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