The 52-month cycle is currently a market force on long term trends.
2 cycles completed already and the third cycle shows identical symmetry as the previous 2.
The 1st cycle advanced 1271 points from 648 to 1920 in 51 months.
The 2nd cycle retraced approx. 0.707 ratio of 1271 points
1271 * 0.69 = 874
The high minus the low: (1920 - 1046 = 874 points)
For the 3rd cycle, price advanced from 1046 to the current high at 1703
1703 - 1046 = 657 points (874 * 0.75 = 656 points)
Price has retraced sharply from this top and completed 0.382 retracement of 657
657 * 0.3842 =251
From the current high , 1703 - 251 = 1452 ( current retracement low)
The clue here is that 0.707 is the inverse of 1.4142, the diagonal of a 1 x 1 square
0.75 is the 3/4 Gann resistance level which is completed at 1703
The 81-month range is one side of a cube currently forming. Price crossed this side of the cube diagonally.
(51 * 1.618 = 82.5)
Or the 81-month square is a 3 x 2 square
27 * 3 = 81
27 * 2 = 54
81 x 54 = ( 3 x 2 square )
Notice also why the 1556 value is a pivot price. It is the central axis of the Price-Time radii
The pattern shows that if the 52-month cycle is not terminated then the recent advance back to 1639 is just a short covering and a major bear trend is underway.The interesting thing is that the last 52-month cycle completed with price also completing 2 squares of 329 points from 1046 to 1375, and from 1375 to 1703.
With critical dates approaching, 1st - 4th April, 7th/8th April, and 27th April, watch closely price ratios against these time axes.
Please check next post as we discuss possible price levels to expect ahead.
2 cycles completed already and the third cycle shows identical symmetry as the previous 2.
The 1st cycle advanced 1271 points from 648 to 1920 in 51 months.
The 2nd cycle retraced approx. 0.707 ratio of 1271 points
1271 * 0.69 = 874
The high minus the low: (1920 - 1046 = 874 points)
For the 3rd cycle, price advanced from 1046 to the current high at 1703
1703 - 1046 = 657 points (874 * 0.75 = 656 points)
Price has retraced sharply from this top and completed 0.382 retracement of 657
657 * 0.3842 =251
From the current high , 1703 - 251 = 1452 ( current retracement low)
The clue here is that 0.707 is the inverse of 1.4142, the diagonal of a 1 x 1 square
0.75 is the 3/4 Gann resistance level which is completed at 1703
The 81-month range is one side of a cube currently forming. Price crossed this side of the cube diagonally.
(51 * 1.618 = 82.5)
Or the 81-month square is a 3 x 2 square
27 * 3 = 81
27 * 2 = 54
81 x 54 = ( 3 x 2 square )
Notice also why the 1556 value is a pivot price. It is the central axis of the Price-Time radii
The pattern shows that if the 52-month cycle is not terminated then the recent advance back to 1639 is just a short covering and a major bear trend is underway.The interesting thing is that the last 52-month cycle completed with price also completing 2 squares of 329 points from 1046 to 1375, and from 1375 to 1703.
With critical dates approaching, 1st - 4th April, 7th/8th April, and 27th April, watch closely price ratios against these time axes.
Please check next post as we discuss possible price levels to expect ahead.