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spx 1110 or 1010.


The End

which target will occur first.  

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Posted

Mid Sept. shows up strongly as a low in my work using traditional cycles and the spiral calendar (a cycle of lunar months and fibonacci #s).

 

Here is the market activity of the past year vs. its F30 spiral counterpart. 26,936 (F30) days ago derrived by taking the square root of the 30th fibonacci# and multiplying by # of days in a lunar month.

post-2-1092508010.gif

Posted

Remember that silly little saying the borkers came up with in 2001 -- "We got our October crash over with in September" ?

 

It was so simplistic and self-serving that none of us contrarians could believe it. But it turned out to be true.

 

My thoughts run along the same lines this year ... adding to what TGaka said.

 

When Wall Street throws one of its rare "Dancing Bear" costume parties, it doesn't pay to arrive fashionably late.

Posted

I updated the F30 connection below. Looks like that sharp little bounce came right on time. Rally should be over pretty soon and then new lows into September but most likely that will be a time to turn bullish. After the projected drop towards 1000 area in mid Sept, the chart below shows a rally towards Nov 20th and a secondary high to Dec 20th. If the F30 connection continues to play out towards the end of this year, I would not be surprised to see that secondary high in Dec benefit from seasonality and be the higher high. Also note that the projected Sept to Dec rally does not look like all that much on the chart due to scaling issues but during the F30 timeframe it was a 25%+ rally, so a pretty big move from early Autumn to early Winter might be in the cards.

post-2-1093103635.gif

Posted

Wouldn't expect much because relationships like this one come and go, meaning they can break down at any time. But if the timing holds up towards the end of the year, then maybe a drop from this week into mid Sept timeframe with a subsequent rally towards Nov and Dec are in the cards. My own take is that the 4 year cycle double bottomed in Oct 02/Mar 03 and it likely is still in an up phase. A normal/historical correction mid way through such an up phase would be in the 10-16% range and perhaps around 38.2% of the SPX 769 to 1163 move.

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