i created and posted this chart in the beginning of feb to show the upcoming time windows for cyclic lows.
updated it and reposted last tuesday when the smash down generated nominal 20 wk downside projections of 1381 +/- 8 pts.
updated tonight to show how close we are. we're 86 week days from the last 20 wk low, 40 weekdays from the last 10 wk low. the time window for this 20 wk nest of cycle lows based on recent ranges of 20 and 10 wk cycles suggests the end of this week thru to the end of the next week.
IMO the price damage is done, if there is another pullback into the 20 wk cycle low after any short term rally it will at worst test the price projection low or hold above it.
just to keep things clear, until last tuesday there was no indication from cycle analysis of a sharp decline. the time window was expected for a bottom, the sudden high amplitude drop not.
cycles
Started by
airedale88
, Mar 06 2007 06:03 AM
5 replies to this topic
#1
Posted 06 March 2007 - 06:03 AM
airedale
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#2
Posted 06 March 2007 - 06:13 AM
very good job....we must remember this is a guide,and a grate giude you are..a retest is O K
#3
Posted 06 March 2007 - 07:49 AM
one big A-B-C down into the Summer?
If so what a great buy opp! Time to prep for it now.
#4
Posted 07 March 2007 - 01:34 AM
Aire, do you think we just ran a 15 day long 2.5wk cycle, or was this another cycle straddle--3-3.5day?
Echo
#5
Posted 07 March 2007 - 04:25 AM
echo, all part of the same cycle straddle, bottoming at a 3.5 day low after the 2.5 wk.
airedale
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".
Ring-Ouzel, England
#6
Posted 07 March 2007 - 08:43 AM
fyi, 'cluster bottom' is just daze away. like clockwork.
Edited by Vector, 07 March 2007 - 08:43 AM.