S&P500: OCT 19 Cycle High?

FX:SPX500   S&P 500 Index
499 1 8
According to my research, the S&P500             evolves in 7 (calendar) day cycles, of which the 7, 21, 35, 42, 63 and 91 day cycles are the most relevant for the short term (days). For the medium and longer longer term, the 105, 119, 294, 1077, 1141 and the 3141 cycle are decisive. Whenever these cycles are ling up, it’s TIME to pay attention.

The first upcoming date of the TripsTrading Cycle Model (TTCM) that might correct some (or all, see Fibonacci and Elliot Wave ) of this short squeeze up is October 19: a day where the following cycles are lined up: 21, 63, 84, 91, 105, 119, 294 and the 3141 day cycle.

I have to be fair, not every TTCM date is an instant jackpot. OCT 1 was followed by a 30 points drop, OCT 5 marked a 15 points drop and OCT 8 a 22 points drop. Difficult to trade for the medium term, so maybe the value of my model lies in something else: defining the trend, mark Elliot Wave Highs and Lows and use it for short term trades.

The last TTCM dates (OCT 1, 5, 8) all signaled short term Highs, so a short term UP trend. Maybe that’s the real value of the model. that it will adjust to pointing out Highs in an UP trend and Lows in a DOWN trend. This idea just entered my mind, so I have to do some more research to defend this hypothesis. .

Over the last week, there was a Bradley Model Time Window scheduled for OCT 9-10 and one for today, OCT 17. Next Bradley Date NOV 1.

Armstrong mentioned on his blog some time ago that next week, OCT 19-23, there’s a Panic Cycle. The last Panic Cycle was AUG 24. Believe him or not, the last time it was correct, so it might as well be correct this week.

Hard to believe it will Panic to the upside take into account we already surged 8.7% form the Lows of SEP 29.

Conclusion: Based on Cyclical Analysis and Time, a short term High would make sense.
Thanks for chart. I believe that right now it might be a good idea to focus on the short term trades because we are currently in such a volatile market (and world). Who can predict what the Fed will do? Raise rates, more QE, or nothing. What if the upcoming earning reports are very good or very bad? What if it begins to look more likely that the Syria conflict will escalate further? All of these things would affect the market direction. So you need to continually reevaluate, and that is what you do. Thanks for your regular email updates, and also adding in the chat on your site... this is going to be an interesting next couple of months to see how all of this will play out.
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