So there it is, the Jan 25th, A 52 hr high in the first hour.
I've mentioned Jan 28th and 29th b4, and they are headed for a low. Question at this point is how low?
If only a fibo retrace, then 12,000 would seem right, but if it really turns into a black Monday, then it could take out 12k, and head for 11,750
I have doubts about that, but it is possible.
If the wave structure completes 5 waves down On Monday and Tuesday, then the real 4th wave should have its day thru the open hour of Feb 6th.
From there, they could then proceed to head lower in the 5th of 5th, which astrotrader has projected can occur on Feb20th, the second eclipse
The 8 day cycle started at
jan 2nd first hr high
Jan 11th closing low
jan 25th first hr high
Feb 6th expected first hr high
Feb 18th expected first hr
best in 2008
Jay
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