TL;DR We are early in the advancing phase of a new weekly cycle. Monday (Oct 31) will be the start of week 3. Anything can happen with the FOMC meeting looming on Wednesday so we should expect chop early in the week and a big volatile move to end the week once the FOMC announcement is out of the way. The Daily Cycle Friday (Oct 28) was day 11 of the daily cycle and given the move it created on the weekly chart it confirmed we are in a new weekly cycle which means Monday (Oct 31) will be day 1...

TL;DR We are early in the advancing phase of a new weekly cycle. Monday (Oct 31) will be the start of week 3. Anything can happen with the FOMC meeting looming on Wednesday so we should expect chop early in the week and a big volatile move to end the week once the FOMC announcement is out of the way. The Daily Cycle Friday (Oct 28) was day 11 of the daily cycle and given the move it created on the weekly chart it confirmed we are in a new weekly cycle which means Monday (Oct 31) will be day 1...