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Re: [RT] Re: SP 500



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Let me try and clarify.
 
There are 2 cycles here I am primarily referring to.
 
The long term (larger) cycle has a projected low centered at 5/21 
 
The first medium term (smaller) cycle (nearest the large cycle low) had a projected low of 4/15 (medium term cycle low was made with closest intermediate term (smaller yet) cycle low on 4/20...projected date 4/21 - 1 day difference)
 
The next medium term cycle is a high and (after the 4/15 low) has a date of 5/6 (actual high 5/9). It is this cycle high I was referring to that is "fighting" the longer term cycle low (preventing it from being made) which would then most likely make it come in with the following medium term cycle low projected around 6/10.
 
Bottoms and tops are generally made at confluence's of multiple cycle peaks or troughs...not when they are opposing each other.    
 
So the next confluence of cycle troughs would be with the next medium term cycle low due around 6/10.
 
I'm sorry I can't send a chart to illustrate the above so I hope this clarifies things a bit.
 
 


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