• 1,038 days Will The ECB Continue To Hike Rates?
  • 1,038 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,040 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,440 days Could Crypto Overtake Traditional Investment?
  • 1,444 days Americans Still Quitting Jobs At Record Pace
  • 1,446 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,449 days Is The Dollar Too Strong?
  • 1,450 days Big Tech Disappoints Investors on Earnings Calls
  • 1,451 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,452 days China Is Quietly Trying To Distance Itself From Russia
  • 1,453 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,457 days Crypto Investors Won Big In 2021
  • 1,457 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,458 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,460 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,460 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,464 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,464 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,465 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,467 days Are NFTs About To Take Over Gaming?
Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

The 47 TD Cycle Predicted the 9/7H and Remains on Track for a 11/8 Low

S&P500 Daily Chart
Larger Image

Forecasts from my last 10/21 public post: "The 47 TD (Trading Days) alternating cycle, mentioned on September 9 2016, was looking for an early September High... 34 TD after the last 47 High is also a CIT...The 41-42 week cycle mentioned in that same post, also topped out at the same time and has an average 107 SP decline...The 47 TD Cycle suggests we see a choppy decline into 11/8 election Low, targeting 2093 SPX or 2069 SPX"

S&P500 Daily Chart 2
Larger Image

Actual: The last 47 TD cycle was the 9/7H  and 33 TD later, we made an 10/24 swing High and declined a sharp 105 SP's from that 9/7H and 109 SP's from the 8/15H, fulfilling the 41-42 week price targets into 11/4 Low at 2083.79 SPX, close to the 200 DMA at 2082.30 SPX, and 2 TD from the projected 11/8L.

Numerology & the markets:

108 has been recently actively vibrating: 

It has been 108 years since the Cubs won the World series.

http://www.sanskritimagazine.com/rituals_and_practices/importance-of-108-number/

so I figured 108 must also be active in the markets and found this cycle

108 week+/-1 wk Cycle: 8/27/10L - 9/14/12H - 10/15/14L - 11/08/16 +/-1 week.

S&P500 Daily Chart 3
Larger Image

There is also a 350 TD cycle that is due on 11/08/16 +/- week. Of course, all the fixed cycles can and do expand or contract, so the Low could already be in today 11/4, but there is a real election angst that should cause choppiness to lower into 11/8.

What's Next: The 47 TD Cycle is still suggesting a 11/8 Low+/-.

 

Back to homepage

Leave a comment

Leave a comment