76.6 year cycle

In trying to identify the April 1930 high, most of us came up with April 17th.

Gann45 however sent me a chart with the top as April 16th.

I can't be sure, but I think I understand the two dates.

In fact April 16th was probably the highest high intraday but 17th was the highest close.

Does it matter? Maybe.

The 14/06/06 low was 76.6 years from the 1929 low.

The highest high of the rally was 154 days later. 154 days from the June low was last night in the US.

Does it have to be exact and is this a repeat. No. We didn't see a 50% decline into June and we have seen new highs above May.

It is possible though that we are seeing a shadow of that past event.

So last night may be the top and we here may be preempting tonights action as we often do.

I still see two scenarios here.

The first called for a high about 6th Nov and a month sideways and a rally and top in late Feb. The lowest point in the sideways action would be about 26th Nov.

The second would be a pullback from Nov 6 with late Feb a low.

I suppose a third would be a lower high in Feb which would signal a multi year decline.