[RT] SP 9-25

[delta88343@xxxxxxx]

Great call,
we hit your target and LOWER
Can your share your outlook  as of today close?

Thanks, Anyone can get lucky from time to time.

My very un-expert opinion.

The attached chart shows we have moved down towards the previously projected low time frame from a failed high. Just a couple days short from the actual low date, but see them as windows of CIT not hard fast dates of CIT...but we're not there yet either.

At this time, (standard preface to cover one's #$%), we could be moving towards the next projected high point on the intermediate term time frame (right next to the point date of medium term projected high). One up bar however does not make a CIT. I would still conclude that the medium term high labeled "B" was made early mid to late Aug but still within standard deviation (2 smaller time frame points oneither side). I think it unlikely that we would now take out the 970 level but stranger things have happened.  

That being the case, we "could" be looking at a handful of days to the upside as the medium term cycle point "B" possible makes it's last attempt to pull this market up, especially considering the divergence we are looking at. If some ratio's hold true, I would first look at the 875 - 900 area before we turn again and continue the march down to the medium term low point labeled "C" and the intermediate term low point right next to it.

I also just noticed something interesting on a larger cycle in which we are just beginning. On this larger cycle, the last projected low point date was 6/18 and extended to 8/13, but actually hit week of 7/26.

The next projected point on this larger cycle, which normally would be a high since previous point was a low, has a point date of 9/18 (current low) but extends to the end of October. (therefore the cycle inverted and will be/is a low) As you see on the chart attached, the medium term point labeled "C" also has a date of early Nov, with a low intermediate term point toward the end of October. 

What does this all mean? When there is such a close alignment of high or low point dates on multiple cycles& time frames, this generally portends a rather strong move.

With this is mind I'll stick with what I have said above. Right or worng. Time will tell. Pop up, then back down with some strength.   








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