My patience is being tested right now. I am running out of possible days of length and price targets. I have the market in Sub-Millennial wave 1 (began June 1877), Grand SuperCycle wave 5 (began March 6, 2009), SuperCycle wave 3 (began March 23, 2020), Cycle wave 2 (began January 4, 2022), Primary wave B (began February 24, 2022), Intermediate wave C (began March 8, 2022). The shorthand for this wave is 1532BC which is based on wave letters and numbers combined. Right now, Intermediate wave C (if we are still in it, we cannot be for much longer) is: 1) 1) 15 days long 2) 2) Gain of 479.43 3) 3) 300% the length of wave A 4) 4) 172.99% the move of wave A 5) 5) Accounts for 65.22% of the larger wave’s (Primary B) length 6) 6) Makes up 91.73% of the larger wave’s (Primary B) move
This also makes the stats on Primary wave B look like: 7) 7) 23 days long 8) 8) Gain of 522.65 9) 9) 65.71% retracement of Primary wave A’s length (35 bars) 10) 10) 74.24% retracement of Primary wave A’s movement (dropped 703.97 points)
1-My models only forecast 15, 17 and 27 days in length for wave C. Most of the model agreement was below 10 days.
2-The move is not necessarily a factor by itself but the additional data will use this. The price forecasts below the current high is 4633.725. The next set of price points tops below 4700 are: 4637.45, 4652.15, 4653.96, 4657.99, 4664.74, 4665.448, 4673.78, 4674.76, 4675.68, 4676.19, 4681.05, 4689.68, 4697.24. These prices begin to have more gaps than the prices below this point. There is a 4 point grouping in the 4670s.
3-Intermediate C waves rarely exceed the 300% length of wave A which is where the index is based on today’s high. Intermediate C has moved 276.92% (wave ended C2C, we are 2BC), 281.25% (2BC), 466.67% (C2C), 517.39 (54C).
4-Intermediate C waves ending in BC have a median move which is 127.13% of Intermediate wave A and an average of 123.72%. Intermediate C waves ending in 2BC have a median move of 152.47% and an average of 142.60%. The maximum is 242.75% of intermediate wave A’s movement. We are above the normal in the current case.
5-In the three wave structure of Primary wave B, Intermediate C waves ending in BC have a median contribution of 31.25% for Primary wave B’s length and an average of 33.46%. Waves ending in 2BC have a median contribution of 49.45% and average of 44.22%. The highest contribution so far is 64.29% for 2BC and BC waves.
6-Likewise regarding the contribution to the overall wave, BC waves make up 68.74% as a median and 70.32% on average. There are four occasions above 90.49%. Waves ending in 2BC have a median make up of 90.49% and with a maximum at 95.12%. The current contribution is still acceptable, and quite common for 2BC waves.
7-The forecast days from my models at and above the current length are 26, 28, 32, 40, 51, 52, 59, 63, and 70 days in length. Strong agreement at 26 and 28 days.
8-The price forecasts for the end of Primary wave B have a few tight price target pockets which are: 4637.365, 4637.588, 4645.7, 4645.874, 4654.17, 4654.2, 4654.525, 4658.71, 4658.962, 4659.03, 4659.04, 4659.691, 4675.203, 4677.57, 4677.81, 4687.6, 4687.61, 4688.36, 4688.39.
9-Typical Primary waves ending in 2B match 25% to 400% the length of Primary wave A. Waves ending in 32B usually retrace around 55-70% with an outlier at 400%. We are in the smaller window now, but only for a day or two more at most.
10-Typical Primary waves ending in 2B move 41 to 88% of wave A’s movement. Waves ending in 32B move 54-77% which we are also nearing the high end of this window.
To conclude, 1) the market has either topped today and we finally began Primary wave C downward with the final 15 minutes of trading today; 2) the market can rise for 2 more days at most before a reversal; or 3) We are not in Primary waves B or C and instead we ended all of the downward movement on February 24. If the latter is the case we are in the early stages of Cycle 3 which will see massive upward momentum for possibly 2-3 years. If option 1 remains valid, the chart below shows early signs of where movement will take us. Regardless of option 1 or 2, we will find a bottom and then begin Cycle 3 with the same aforementioned results. I am bullish long-term, but remain bearish in the short-term until we either break above 4818 or move below 3900.
All forecasts are based on analysis of past behavior. Prior movements are not always indicative of future movement. Develop the theory, test the theory. Do your own research. Nothing in this analysis constitutes advice. YouTube For More. Good luck!!
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