Last month’s LT wave chart suggested weakness in stock markets. That didn’t pan out for the US indexes, but still the wave got most of the short term swings correct. I have embedded a S&P 500 chart for June, making it easier to see (click for larger image):
The blue line did a fairly good job indicating the swing highs and lows. Clearly, the yellow line didn’t work.
For July we see expected swing highs around the 8th, 18th and 26th. Projected lows on the 2nd, 11th and 23rd. Based on the yellow line we can look for weakness in the first half of the month and a stronger second half.
Again, don’t expect perfection, this LT wave is based on an experimental concept. Some months it will match closely, but I expect there will also be months when it misses completely. Sometimes people ask me when is the best time to start using this LT wave. I think that in general the best time to start using a method or indicator is not when it has just been on a hot streak. It is always better to wait until the system has just had some bad months (years). Better be careful in crowded stocks and in crowded methods.
Here is link to an article you may find Interesting.
Thanks. Nice article. His 2017 lines up very well with the 1920s scenario, which calls for a crash 2016-17
Personally I would rather suspect a role from the galactic center (~27 Sag) rather than the fixed stars.
The alignment with your 1920’s chart is what caught my eye as well.
Does your analysis of galactic center show a timeline that aligns with the 1920’s chart as well?
I didn’t analyse it for the galactic center, but since it is so close to the axis of fixed stars he uses it will lead to the same timeframe for possible crashes/bottoms. So, my vote would go to the galactic center, because it is the sun to our sun, a very central point