90 degree turn dates mark an important change of trend. usually an important bottom but can be a top as well. Remember, these are turn dates. Harmonic means price & time & geometric Hardly the turn dates make 2 highs in row, eg 23 July and 8 August. It can only suggest the next turn date 8 August must be a low followed by a high near 23 August. The ultimate low...
The past bull cycles last 7,5 years.( from top to top, eg 2000 - 2007 ) My guesstimate is that this time it won't be different. October 2007 plus 7..5 years = early 2015. Bottom March 2009 plus 7.5 years = autumn 2016 next bear market low
THe possible retracement within longer uptrend. Mind you, this is only intermediate 4 of Primary 3 down. 5 of Primary 3 will bring us higher later. Short as a swing trade once we reach upper trend line or upon break of up trend
Intermediate 3 = 1739 Intermediate 4 = 1502 Intermediate 5 = 1776 ( end of Primary 3 ) Primary 4 target 1507
Intermediate 3 = 1739 Intermediate 4 = 1502 Intermediate 5 = 1776 ( end of Primary 3 ) Primary 4 target 1507
Intermediate 3 should end 1739 .50% of Intermediate 2 low (1267) = 1502
The minimum target is 320 as index was extremely oversold in all time frames