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Re: Oddlot post# 33323

Thursday, 08/01/2019 1:56:50 PM

Thursday, August 01, 2019 1:56:50 PM

Post# of 37920
SPX the theoretical cyclic construct starts on 6th week 2016 (6W16) and contains a 6.6yr cycle, 2 3.3yr cycles, 8 43week cycles. The 43week has 3 72day, 2 36day, and 4 18day cycles. The 3.3yr low was due 22W19, and the next 43week cycle is due 13W20. Given that the 6.6yr low in 2022 should see a solid downtrend into the low, a solid high is expected well before that and perhaps as the high of the 43week following the 3.3yr low of 2019.

If so, the high of the present 43week theoretical cycle would be likely near 22W + 11 (33W19) or near 22W + 32 (2W20). The first point is 2-3 weeks away.

The high of this 43week cycle should coincide with highs of the shorter term cycles (72,36,18 day). The projected highs for these are all about the same, at 3075-3090 + an amplitude of a shorter term cycle. The combined total (the projected high) is 3100-3150.

Once the mkt enters that zone, mkt action and your favorite indicators should be used to identify the occurrence of the top and to signal an entry on the short side.

I use trendlines on intraday charts as well as CCI signals for relevant cyclic periods.
Oddlot

Stay on the right side of the cycle!

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