Cycle Thoughts, E-Waves

Tuesday this week satisfied the 8 day cycle top, but the 4/16 day cycle top has yet to be fulfilled. Friday is a Bradley turn and we are running into a full moon, which more often than not occurs near major tops. Yesterday was day 14 of the normal 16 day cycle low, which last ran 18. Friday marks day 5 of the 4 day cycle tops and day 19 of the 16 day cycle tops. The current pattern is one of an inverse megaphone pattern. Friday has resistance near SPX 1305/06, just 3-4 points above the 50 day MA where normal resistance has occurred in the past. The current pattern down from the Mar 3rd top was a triple three a-b-c pattern into Tuesday with Wed being an irregular bottom. The current e-wave projection calls for a strong c wave advance into Fri, which then turns bearish again into next week because it forms an irregular, inverted, bearish flat. My guess is we bottom on the 18th day, or Tuesday near SPX 1223, which is resistance on the megaphone pattern and long term log up trend line from the Mar '09/Sept '10 lows. It will probably create a nice divergence on the M.O. Earthquake on the west coast this weekend the likely cause of the early down move next week? We'll see. Mar 22 should be an important low.

wait a minute - inverse megaphone? that should be a triangle??? or you mean megaphone bottom vs top? we shall see.