• 2 days 3 Restaurant Stocks In Full Recovery Mode
  • 2 days Bitcoin Is Driven By Testosterone
  • 7 days Quantum Computing Is The Newest Megatrend In Silicon Valley
  • 8 days How To Invest In The Cybersecurity Boom
  • 10 days Investors Are Patient With Unprofitable Giants
  • 12 days Wells Fargo Back In The Scandal Spotlight Once Again
  • 14 days 5 Stocks To Keep A Close Eye On This Year
  • 15 days As Auto Giants Flail, Look To Chip Stocks For Gains
  • 16 days Central America Is Ready For The Bitcoin Hustle
  • 18 days China’s Video Game Restrictions Unlikely To Slow Down Booming Industry
  • 19 days Top Performing Stocks As Inflation Fears Grow
  • 20 days US Airline Stocks Take A Beating On New EU Restrictions
  • 21 days This IPO Could Open Sustainable Fashion Floodgates
  • 22 days Crypto Crime Nets Another $2B Fraudster
  • 24 days This Week’s Hottest Meme Stocks
  • 25 days Why World Markets Should Be Watching Germany Closely
  • 27 days Could ‘Cultured’ Meat Rival The Plant-Based Megatrend?
  • 30 days ‘Easy Money’: Crypto Is Still Attracting Newbie Investors
  • 31 days Foreign Syndicates May Have Stolen Up To $400B In COVID Benefits
  • 32 days Gold Jumps Above $1800 Ahead Of Jackson Hole Summit
  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