It appears the start of a change in trend took place on Jan 15th as predicted. This does not mean a few 100 million dollars streaming into the markets from the plunge protection team / working group won't happen, but at the moment it would appear we have just seen a crest.
The crest of what is the question. This could be the crest of the 6 week cycle in which case we would be looking at a pull-back of a couple of dayes to a couple of weeks. It could also be a crest of the primary cycle (nominal 18 week cycle) in which case it would also probably be a crest of the 50 week cycle. The latter is expected to trough out late Feb or March or early April.
We therefore must watch the price action for the next few days to determine if this is a 6 week cycle crest or the crest to the longer term 50 week. My feeling at the moment is, it is the 50 week cycle crest in which case we are looking to trend down for the next few weeks.
I will be looking at cycles and Astros to determine a more accurate timeframe for the 50 week cycle to trough out.
Identifying and trading this trough will be very important. There is a Jupiter / Uranus conjunction in Aries in early June which may be very favourable to the markets (read blow off top type of configuration).
More will be coming on this important event as there will be more on the very tough Astro picture in late July / early August.
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