Got lots of data, but need to put into words so it all makes sense as far as timing
Where are we now, and where are we going as opposed to where we came from.
Oct 9-10th, 2007: is the main pivot
from there we count
55 trade days = Dec 27th- was a high which lead to the jan 23rd low right at 72 tr days
110 tr days = March 17th, and it was a low
165 tr days = June7th - it is shown as a high on the Bradley graph- i have no reason to doubt it.
220 tr days = Aug 26th - is equal to 29 cycles of 8
Stan Harley discovered that 377 tr days and variables of it are most prominent.
377 X 38.2 = 144 tr days = May6th also a Bradley date shown as a LOW
377x 61.8= 233 tr days = Spt 12th shown as a bradley low
We can see that May6th a potential low leads to june7th a potential high
As per bradley for now, we see it slide from June7th all the way to Spt 9th.
Go back a minute to Harleys 215.4 week cycle hitting a low on March 17th; Does that infer we go on auto pilot to new highs?? maybe, or maybe not
heres a maybe not
March 17th was 110 trade days from Oct9th
June7th is 165 tr days
It is my proposal that the March 17th low will lead to a June7th high in the spx 1400 area.
In the meantime we will see trading in the range between spx1281 & 1367 which we just saw yesterday, as well as on 3 previous occasions. feb 1- feb 27- april7, and now
SO, now that we are at the top of the range , WHEN is 1281- the bottom of it going to be seen again. Since all we have left is 7 weeks or 35tr days till June7th, its probably going to split the difference with a 17 and 34 day cycle = May 6th- whooaah, we just identifed May6th as a bradley date and 144 tr days from oct9th - ahaha, the light dawns suddenly.
what about next week? how does that fit in??
WE got a 17/34 tr day high on April16th, and tide day
Now we get next week
a grouping of hard aspects on 23 & 24th
an 8 day cycle on the 23rd and turn day on the 24th
Bradley date on 22nd, might be pivotal high
Apr 23 = 55 tr from Feb 1st a high- a potential cycle low
Apr24 = 34 tr days from March 10, ditto
26th is tide day- no effect?
heres another progression that fits in nicley
the 8 day cycles
April-11 low & 14th turn to the 16th pivot high-
notice please the spx made a lower high after a lower low on March 17th
April23 proposed low and 24th turn
may 5 low and 6th turn
June9 th and 10th turn
give a little wiggle room for slight differences on exact dates
So we can see the progression of time and we need to fit in price as we approach the main gate on june7th. If all goes as projected, june7th should end the sideways progression of wave 2 and start wave 3 down to Spt 9th.
Best Wishes to all
Jay
4 comments:
Hi Jay,
you're a wizard!
I'm learning every day a bit more.
Thanks again.
Peter.
By the way, Helge Sundar Loekke had a turn date on june also, but later on, based on her study of cycles, she now targets july 7th. And a period of weakness between september 9th to 26th.
I wonder, has in your view all the liquidity pumping bij the FED any effect on the rhythm of the cycles?
the FED is only a puppet to market forces and they fall into place as the market demands
Jay
thanks Peter
I printed out my scenario to NOT forget it. sometimes a few days later, i forget my own work, and that gets me in trouble.
Jay
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