cycle by degrees update for monday 13th july, page-20

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    my reading of the fib lines suggest Jaolsa is on the money with her 14th july low.....right again !!

    Nikkei presently has a daily low of 9080ish and the 38.2% retracement of the march-june rally is around 8950.....should get there tomorrow.

    we, of course, touched and bounced off our 38.2 a few days ago but looks like we may have a second touch tomorrow...that may require a 30 point fall by us depending where we finish today.

    I wonder if this all points to the US doing the same ??....SPX to hit around 850 between falls tonight and tomorrow night.
 
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