The Spiral Calendar
Okay, I’m letting the cat out of the bag: June 25/26 +/-3 days will be a key turning date range:
I originally thought it would be a top – but now it seems it might be a bottom. Everyone expects a rally tomorrow, which would be in the acceptable +/- 3 days range. However, the question is: Why would so many calendar intervals point towards such an insignificant low? Of course we could keep dropping for a few more days, making it less insignificant. Still scratching my head over this one – maybe it will be nothing – we humans have a tendency to see the things we want to see.
I guess this will give you rats enough to chew on. Not going to post a tutorial on this – let’s see who figures out what I’m talking about here. BTW, make note of the ‘past lines’ – almost eerie how well those line up – and I only just started connecting them.
No changes to the wave count since Monday night – yes, we could have concluded a 5 today and are now on our way up. But we could also easily extend a third wave to the downside here – maybe it’s best to sit it out and let the market pick its direction. I might just hedge myself in the morning if we get a drop at the open.