Posted by hornsant on 30th of May 2009 at 09:47 pm
The SPX has had a pattern over the past two years, it moves in
periods of an average 17 weeks, If this pattern will hold then we
should get to the low of the present cicle by options
expiration in June, You can measure it in a weekly chart going back
the entire Bear Mkt. Starting from the March lows and depending on
how you count the weeks we are now in the 13th week of the present
cycle... Interesting how the bear mkt has been very tidy.
Pattern
Posted by hornsant on 30th of May 2009 at 09:47 pm
The SPX has had a pattern over the past two years, it moves in periods of an average 17 weeks, If this pattern will hold then we should get to the low of the present cicle by options expiration in June, You can measure it in a weekly chart going back the entire Bear Mkt. Starting from the March lows and depending on how you count the weeks we are now in the 13th week of the present cycle... Interesting how the bear mkt has been very tidy.
17 week cycles
Posted by raymipo on 30th of May 2009 at 11:07 pm
http://broadcast.ino.com/education/sp_500_17week_cycle/