2 replies to this topic

[Rogerdodger]

Rally to mid-August?

Parker over at T Theory has been looking for a rally till mid August beginning from today's low.
I was hoping for a morning dip first.

This would be too coincidental:
Debt crisis: Greece to run out of money by August 20

T Theory rally containment
That channel looks to be narrowing, but if we should see more rally, it should also constrain it.
http://stockcharts.com/c-sc/sc?s=$NYUD&p=D&yr=2&mn=1&dy=0&i=p85088589434&a=256206610&r=1343770498049.png

[Rogerdodger]

We may see too many bears too soon?

mss

(OEXCHAOS @ Jul 9 2012, 10:59 PM) *
btw: I do very little based on cycles, but those who do are suggesting a ST top in August.
I also use some other charts for ST tests of the LT trends.

mss
I'll go out on the limb and say August 6th -10th will be the IT top based on other peoples cycle work and explanation.

Hi Don!
Direction from here?
Is not August the start of the weakest equity price season of the year, until October when we go up?
If so, it's entirely possible we will be seeing an intermediate price swing high very soon
perhaps within as little as few days or so as this last bullish burst exhausts
best to you my friend

Edited by Rogerdodger, 06 August 2012 - 03:18 PM.

[Rogerdodger]

Astro cycles look to be topping a bit later:
http://stockcharts.com/public/520756
http://stockcharts.c...02853&r=801.png