Next Wednesday is the POMO fed meeting will give hint of tapering QE. Fed have been pumping 85 billion a month into the market. We will see if there will be minor pullback. I may sell before Wednesday and buy back after the effect of POMO meeting.
It will be a while before RD swing down. I think RD has a 2 week run yet to go before it goes down again, my observation is that energy sector is one of the better performer this month and in some energy sector trending higher. This trending factor has to have a small influence on RD upward. I would watch the market index, if it decide to turn south then the RD run is over. RD will make another move downward before making its final dividend run for the year. The big IF is how large the index correct. A 10 to 15% market correction will bring RD down to $62 to $58. It is everyone's guess so this is just my best guess. StockP could be right about the 4 weeks timing (mid-October).