• 779 days Will The ECB Continue To Hike Rates?
  • 779 days Forbes: Aramco Remains Largest Company In The Middle East
  • 781 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,181 days Could Crypto Overtake Traditional Investment?
  • 1,186 days Americans Still Quitting Jobs At Record Pace
  • 1,188 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,191 days Is The Dollar Too Strong?
  • 1,191 days Big Tech Disappoints Investors on Earnings Calls
  • 1,192 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,194 days China Is Quietly Trying To Distance Itself From Russia
  • 1,194 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,198 days Crypto Investors Won Big In 2021
  • 1,198 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,199 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,201 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,202 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,205 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,206 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,206 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,208 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

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…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  1. Home
  2. Markets
  3. Other

The Dominant Cycle Forecasts

In my 4/3 public post I mentioned:

"Even though there are good odds, it does not matter if a 7-12% Flash crash (FC) cycle occurs or not, what matters is that the dominant Cycle1 (http://timeandcycles.blogspot.com/2013/04/cycle-review-and-update.html) determines when exactly we should be long and then short if and when the FC does occur."

From the 4/2/13 Email: "The dominant Cycle1 has been active and suggest an 4/1H, decline into 4/4L, 4/5-8H and 4/9L and then a rally into 4/16 higher Highs."

S&P 500 Index
Larger Image

Actual: We rallied into an 4/2 High (+1), declined into 4/5 Low (+1), rallied into 4/9H(+1) and saw a brief intraday 4/9 pullback Low, before the rally continued into All time Highs into today. The dominant cycle1 kept one from shorting prematurely as it was looking for an 4/5L and a rally to new All time Highs and with more to come.

What's next: The dominant Cycle1 suggest the rally should continue into 4/17 High +/-1. The range we saw from 3/14 High into 4/5 Low, gives us a 1607.82 SPX target, which is close to the 1.272 extension at 1607.63 SPX and close to the expanding triangle trend line at 1606.79 SPX at the expected 4/17 High.

You won't want to miss what happens next as the dominant cycle1 is looking for a couple of Sharp down days next with some wild swings afterwards.

 

Back to homepage

Leave a comment

Leave a comment