Monday, November 11, 2013

December 16, 2016

The last time heliocentric Uranus was at a NYSE 72° harmonic was September 9, 1998. This was a few days after the first bottom of the major 1998 low below (DOW). A close-up of the double bottom is also shown (SPX).

1998 Major Low

1998 Double Bottom

9/9/1998: NYSE Uranus 72° Cycle

The next NYSE 72° harmonic for Uranus will occur December 16, 2016. This is Fibonacci 3 years after the major top expected late 2013/early 2014 and in the timeframe for the next expected Fibonacci major low, discussed here.

12/16/2016: NYSE Uranus 72° Cycle


37 comments:

  1. Were there no QE, I'd be right with you on a key multi-year top within the next 2-6 months.

    However, the QE does continue..1 trillion from the US fed alone, never mind the other central banks.
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    A low in 2016? I could see an initial wave lower - having peaked late 2015/early 2016 - kinda like the wave from Oct'2007 to May'2008.

    I think a fair few are now looking for it all to wrap up in the 2018/20 zone.
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    Thought provoking pics Platy. Have a good week!

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    1. Thanks for your thoughts PD. "They" are full of surprises. Just when you least expect it....

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    2. Great work Platy, Its great how it coincides with the 3 year down trend Cowan says ends a 17 year cycle.

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    3. Didn't even think of that, thanks MP!

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  2. hi Platy thanks for this blog my name is Enzo first time i visit not much knowledge on this i will be reading hope to understand some of this thanks

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  3. Hi Chris,

    We have come to the 11/14 High. Erick Hadik is expecting a two week sharp decline. Merriman also talks of the time band going into 11/25 Mars Uranus square. If a decline takes hole, what is your take for the decline?

    Suren

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    1. MP and I have been discussing some likely scenarios. We think a double top may be on the cards. In my view the market may finally top out at around 1880 on March 20, 2014 (equinox).

      1880 is an important price for a number of reasons, one of which is that the natal high price for the Emini on 9/9/1997 was 942. 942x2=1884. I will post my analysis closer to March.

      I have been spending a lot of time drawing all kinds of daily, weekly and monthly GANN square charts. The symmetry is clearly evident. Moreover, they are all in harmony with each other.

      But to answer your question, the squares each have resistance and a CIT this week. We are at my predicted price, although I wouldn't be surprised if the EMini rallied another 10 points and hit 1800 before it retraced. I understand Wall Street doesn't like negative Friday's so maybe the retracement will kick in on Monday.

      Additionally, we haven't had a 10% pull-back for over 540 days. Accordingly, there are compelling reasons to surmise this retracement may be larger than what we all expected.

      If we tag 1800 as the top, then 1 square off that price is 1716.

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    2. 1880 ?

      Hell, we could be 1850 by year end.

      Minor down wave in Jan/Feb to 1775 -if that, and then up into the 1950/2050 zone. Best bull case upside..Dow 17250, sp'2150/2000, although the latter will be..difficult if Jan/Feb is rough.
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      The good thing...downside from 1900/2100 .should at least whack this nonsense back to the 1500s...before Yellen hits the PRINT key*

      *probably on the order of 125/150bn times..per month.

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    3. The 11/24 heliocentric Uranus-Pluto square is coming up soon, and we still have the 1811 planetary price target.

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    4. Very interesting! I have a W3 top of 1830 maximum according to Elliott Wave.. Hit 1798 today.

      Then we do a W4. Target is the lower trendline from the 2009 lows and the middle of the monthly Bolinger Band. This is 1526-1532

      Afterwards per elliott wave 1532+348 (note:348 is the W1) = 1880..

      Amazing how it targets the same price that Chris is looking for at 1880!

      March 2014 is 60 months from the 2009 lows. A maximum per Linday's 3 peaks domed house pattern.

      However I understand that late April has large astro significance including a solar eclipse. www.mmacycles.com has discussed this date.

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    5. That's fascinating eddy, I love it when completely different methods give similar results!

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  4. Janet Yellen sees no bubbles...........WHAT IS SHE SMOKING?

    Many of the worlds' biggest bondtraders have siad the bond market is a bubble. Stocks according to Shiller P/E are the second most overvalued ever..

    Well I suppose we should have expected no less from the future Fed head. Just like the past two morons that failed to see the dotcom bubble and the real estate bubble.

    God help us all when this bubble of all bubbes bursts!

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  5. Thanks for the analysis Chris & MP.

    I think that there will be a major correction close to the debt ceiling / sequester deadlines (Dec. 16th or Jan. 15 th, 2014) as one or the other will not pass in congress/senate. If we have a 15-20% correction (as in Aug./Sept. 2011) – then all of us need to load-up for the ride well into 2015 where DOW can get to 17,500 – 22,000 (Martin Armstrong projection). Lowry reports say that we are not even “remotely” close to a market top. Keep an open mind and don’t get married to the idea that the markets will top in Jan. or March. With your expert knowledge and analysis, see whether you can identify the next short-term tops, corrections, CIT’s etc.

    The sharing of your knowledge and expert analysis is much appreciated.

    Suren

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  6. Raj Time and Cycle Review and Forecast

    http://timeandcycles.blogspot.com/

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  7. hi Platy may i ask you where are you from also do you have any advice how can start learning this i know is not easy stuff but at least to have some idea thank you ciao

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    1. I'm in the U.S. I learned most of this from Brad Cowan's book "Pentagonal Time Cycle Theory". You can buy the book here.

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    2. Also if you have any questions I will try to explain.

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    3. thank you i live in Italy i used live in New York for many years that how i learnt some English even is not so great

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    4. Italy, my favorite vacation destination!

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  8. Price meet time on the Russell 2000 Mini:

    http://www.flickr.com/photos/97307769@N06/10878995524/

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    1. Hi, new to the site but think its great. I posted a comment above where I agree we hit 1880 but I used elliot wave to come to that conclusion. Very Curious that we hit the same target

      What are your thoughts about a drop to 1526-1532 as I described above before going to 1880? Thats about a 14% drop..

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  9. The July 1932 low to the March 1937 high was 4 years, 8 months.

    4 years, 8 months from the March 2009 low is November, 2013.

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  10. Hi Eddy.

    I fully expect a CIT early this week. The latest COT data:
    http://www.cotpricecharts.com/commitmentscurrent/
    has the funds exiting their long positions and increasing their shorts. Same with the small speculators. And the commercials reduced their short positions and went long. In other words, they are gearing up for a CIT.

    Moreover, last week's volume was, in the overall scheme of things, light. We might, therefore, surmise that the rally was caused by the Commercials taking a hedging position.

    I cannot predict how the market will trend to March 2014. But barring any unforeseen issues the attached GANN Square chart may provide a hit of what to expect.
    http://www.flickr.com/photos/97307769@N06/10896312596/in/photostream/
    Firstly, notice how prices tends to oscillate between the horizontal lines. Rallies and retracements are generally thwarted by the Gann 1x1, 1x2, 1x3 and 1x4 upward and downward sloping lines. Additionally, CITs seem to generally occur where these lines intersect each other.

    It is possible for prices to fall to around 1715 (which will be 1 square away from 1800) to where the vertical red dashed line intersects the upward sloping 1x4 (green) line. Or, prices could fall back to 1700 where the second green line (1x2) intersects the black dashed horizontal line. either scenario is viable.
    The 1x4 angle has supported prices since June. Following this angle to March, 20 2014 gives a price of 1850ish. Obviously this discounts any parabolic move at all.

    But the lower 1x2 line reaches 1880 in mid February. Could it then be a double top?

    Or, if prices rally closer to a 45 degrees (1x1), then we should hit 1880 in mid January. I have identified January 15, 2014 as an important CIT. I have no idea whether it will be a high or low.

    I trust this helps.

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    1. Great write up Chris. I to have a CIT soon. The question is how extensive is the turn down. As Suren noted and advised that we should keep an open mind and it is why this site is great way for everyone to give their opinion and keep us grounded with different possible scenarios.

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  11. The Dow looks ready to test the completion of that LT megaphone pattern around 16,2xx this week. Should be a celebratory party by Wall Street once we breech 16,000.

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  12. After reading Gunner's weekly newsletter see:
    http://www.gunner24.com/newsletter-archive/november-2013/17112013/
    I made another Gann square chart, this time using the May/June retracement as my datum points.
    This chart is even more impressive than my other GANN square charts. What is patently apparent is how prices have run up and down along the GANN square lines like glue.
    The thick red lines are an educated guess of how the Emini may trend to March 2014 based on previous performance. Obviously, some amendments will be necessary when we change contracts.
    Point A is just under Gunner's projected Dec high on December 20, which is just 4 days away from Platy's CIT as discussed above. Point B is just above Gunner's January target which is 2 days before my January 15 CIT, and Point C is a 10% sell off before the final run home along the 1/4 Gann square lines.
    The dashed red lines might mark the imminent retracement to 1730 on 11/29.
    An alternative view might be this rally continues until 11/22 (2 days before the Uranus-Pluto (H) square) to 1827, then retraces to 1770 on 12/6, where it could then follow the red lines thereon in.
    See the chart at:
    http://www.flickr.com/photos/97307769@N06/

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    1. Thanks Chris, small correction - my CIT above is for the year 2016.

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  13. Fascinating. Comet Ison is also on the horizon.

    Technically, the Dow is setting up to tag that upper trend line next week or the week after that LT expanding wedge/megaphone pattern in the neighborhood of Dow 16,1xx-16,2xx.

    If that price/trend line meets a CIT next week I'm eyeing longer term downside implications.
    If we burst upwards through that line with authority, then it is clearly time to re-asses upside potential for this bull.

    Otherwise,if we hit and reverse sharply around that level, then downward we march back towards that lower trend line. Just my 2 cents. Let us monitor current conditions closely.

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  14. Since the stock market has been going up the past couple of days, if a CIT is forecasted to occur, I take that the market will turn in the “OPPOSITE” direction to the current trend. Hence, the stock market should start to turn down this week to 1,700-1,715 range as Chris forecasted. Is my understanding correct about the CIT?

    Merriman went short around DOW 15,990 with a stop around 16,100.

    Gunner24 is forecasting that stocks will run-up till 11/29 after a brief 2-3 day correction this week. Exactly opposite of what Chris forecasted.

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    1. Yes CITs almost always mean that stocks will change direction.

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  15. Armstrong Current Market Outlook
    http://armstrongeconomics.com/wp-content/uploads/2012/03/STKPGSO-11-20-2013.pdf

    I spoke yesterday of a positive divergence and we got that rally today. What is dumbfounding is how large the rally was today and is about to cause a negative divergence. On an EW pattern we could be approaching an ending 5th wave, but caution must be taken as 5th waves sometimes fail to make a new high.

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  16. http://theeconomiccollapseblog.com/archives/china-announces-that-it-is-going-to-stop-stockpiling-u-s-dollars

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  17. Dear Platy,
    What are your current thoughts about this timeframe?
    According to my calculations, December 6 2016 was October 14 2007 plus 36 degrees Uranus (heliocentric). December 26 is also a good candidate for a major CIT due to major geocentric aspects (Saturn - Uranus 120 and Jupiter - Uranus 180).
    Or did the CIT take place on December 2? Strong movemement in DAX and FTSE, but not really a bottom in US indices.
    I hope you still read this comments. I do not use twitter.

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    1. Looks like it will be a major high. There is also a Jupiter-Mars opposition December 21.

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  18. Hello. Brad cowan expects a high in his book pentagonal time cycle theory when uranus is at 23 degrees helio in dec 2016... do you think this d play out ? Thanks

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  19. On his website, late 2016 is predicted as a bottom...
    http://www.cycle-trader.com/marketcalls_recent.htm

    With the following note: Posts made after 12/2012 are by staff and not Mr. Cowan.

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