• 3 hours Tech Billionaire Takes Aim At Google
  • 5 hours Chinese Police Bust Largest Ever Illicit Crypto Mining Operation
  • 8 hours Expect A Pullback Before Gold's Next Major Rally
  • 10 hours Why Interest On Gold Matters
  • 1 day Ten Extravagant Food Items For The Wealthy Only
  • 1 day Why Saudi Arabia Won't Give Up On The Aramco IPO
  • 2 days $32 Million Crypto Heist Halts Tokyo Exchange
  • 2 days Is A Gold Selloff Looming?
  • 3 days Central Banks Are Stashing Gold And Dumping Treasuries
  • 3 days Three Cannabis Trends Flying Under Investors’ Radars
  • 4 days $1.3 Billion In Cocaine Found On JPMorgan Vessel
  • 4 days Amazon Teams Up With Lady Gaga To Win Over Generation Z
  • 4 days Dollar Falls As Powell Teases Rate Cuts
  • 4 days Will The World's First Trillion Dollar Company Ever Bounce Back?
  • 5 days Many Americans Will Never Stop Working
  • 5 days Mozilla vs DarkMatter: The Cyber Espionage End Game
  • 5 days Chile Cracks Down On Environmental Infractions
  • 5 days Warning Signs Emerge For Boeing
  • 6 days First Amendment Stands Strong In Trump vs. Twitter Showdown
  • 6 days Musk Bullish On Tesla Despite Executive Exodus
The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

  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