Two weeks ago, I was looking at a possible 2330 SPX by yearâs end. By December 23rd, I told my subs to expect a rally into December 27, and then a bottom near December 29th, somewhere between SPX 2238-52. The SPX closed at 2238 on the December 30th, after tagging 2233/34.
I believe we have one more sub-minuette 5th wave rally left to 2322/23 by or around January 6th and then a drop to near 1991/92 by around March 16 (there is a major Bradley due March 16th, which fits better for a low than March 21, IMO). New highs by September/October 2017 should lead a to nasty "Z Wave of Primary Wave 4" bear market in 2018. The final fifth wave could be stretched out until early 2020 giving us a possible three years left before the great reset begins.
The miners had a key reversal on Friday, which points to some currency issues around January 9-12 (and a higher dollar with lower PM prices). Mercury Stationary/Direct on January 8th should lead to a key reversal in the metals on the 9th, then down into January 12th.
Overall, I believe the miners are coming into a major low in mid March, with the metals due in mid February. We may be in for a sideways basing period soon that should launch higher into the September/October 2017 time zone. I may be wrong, but I still believe these expected rallies will end up being nothing but bear rallies until we go below $700 an ounce gold and $9 an ounce silver. This may not occur until 2022. The expected stock market reset low may not occur until 2022, also.