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Zyklik:
90 to 99 days = the most common window in time for the SPX.
Danach kommt das 180 day time window.
Gezählt wird vom Low zum Top einer Rally. Falls danach eine Korrektur kommt, beginnt die nächste Abzählung erst ab deren Ende.
Our forecast called for a run of 90 to 99 days which place the window to end this leg at May 6th through 15th.
ALL HIGHS AND LOWS ARE EXACT PROPORTIONS OF PREVIOUS MOVEMENTS. The normal extension of a range for a top in a 5th wave is either ¼ of the last leg up or in extreme case ¼ of the entire range up to last high.
The last retracement was exactly 3/8 retracement and a 3/8 extension is 1255. The ¼ extension of the last range is 1220 and that was the minimum move we anticipated. If we use ¼ of the entire range from March through January the ¼ extension is 1270 and one other level at 1247. So the price resistance levels are 1220 to 1225, 1247 to 1255 and 1270.
Once this leg is complete there will be a correction but will also be the start of a lengthy sideways movement—maybe out 6 months.
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Beste Grüße, Benjamin
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