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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.

 

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