The 16 day cycle low is due next Wed, next week, but could come a day early. QQQ support near 67 and SPX near 1413, down about 4% expected. The triple three would then be a part of wave -a- of an a,b,c rally. Next cycle top due near Oct 6-9. So a higher high wave -c- is expected and wave 'Y' is not yet finished. The 4 year cycle bottom could be pushed out some to around early April 2013. A drop of some 14% is expected before the end of the year, maybe around early Dec and then another rally into the New Year.
My system is short, but will cover and go long one more time next week.
QQQ Irregular Top
Started by
blustar
, Sep 19 2012 05:10 PM
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