No replies to this topic

[blustar]

That means one more fifth wave of y of B of B of an ABC rally. This suggests a rally will start Monday near SPX 1233/34 and will be a final fifth wave advance. The first wave was 38.6 points long and the third wave was extended with a huge third of a third Wed. We are in wave 4 of an irregular flat. There is a down trend line meeting near SPX 1272/73 Monday and a 40 point up wave would satisfy the "equality of waves principle". The final wave down called C of B should take the SPX down to 1152 by Dec 12, the 48 day cycle low and the full moon with a lunar eclipse reversal signature. The new moon Nov 24-25 had a solar eclipse signature. Mercury retrograde suggests a reversal in here between Dec 2-5.

Once we meet SPX 1152 Dec 12, the Equality of Waves Principle suggests one final wave up called C that equals A from Oct 4-27 in both time and price, suggesting 218 points and 17 TD's. That would put the SPX square at a double top of 1370/71 by Jan 5/6. I say 6th because Xmas Eve will be shortened.

Next year will see a huge bear that should take the SPX down to the 775/825 zone by May. January top-May bottom. This would satisfy the 9.2/18.4 year cycle low. Benner's Cycle looks for a low in 2011 +/- and a top in 2010 +/-. The E-Wave count would be a larger B WAVE of an ABC rally off the 2008 bottom, suggesting a C WAVE advance into 2014 to new highs and an important top.

Gold should see a plunge slightly below $1300 an ounce next year. Projections for gold into 2014/2015 suggests the $3600/3700 range for a top. Silver should see at least $20/21 with a projection of around $120/130 by 2014.