Significant Weakness Was Likely Today Due To the Nature Of Cycles

Since an important Wave A intermediate term cycle low probably occurred late on Monday 3-10 for the major averages (http://stockcharts.com/charts/gallery.html?%24spx), see http://finance.yahoo.com/q/ta?s=%5Espx&t=5d&l=off&z=l&q=c&p=&a=m26-12-9%2Cp12%2Cfs%2Cw14&c=, significant weakness was likely today, because, the major averages were likely to decline and put in a modestly higher cycle low than 3-10's, such that the countertrend Wave B intermediate term upcycle's uptrend begins relatively flat, as upcycles (and downcycles' downtrends) usually do. Always keep in mind the nature of cycles.

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