thursday turnaround and around and around, page-8

Looks like scenario 1 or 3 played out.

Too many "here we go agains".

It is possible that it is just 1 day up but have my doubts.

While 24/7th is still the rally high, the other dates I would watch are 30th (today/tonight) and Next Tuesday.

Tonight because it leaves 14 cal days to my Dow possible low. Normal final phase.

Tuesday is McLaren's 7-12 day normal secondary correction and he has been saying he expects the full 12.

That would leave little time for new lows by 13th but should see some pullback, maybe just3 or 4 days or maybe down equal days as up but only half way.

Beyond that there is much at equinox in the way of dates, anniversaries, expiration etc.

I am starting to think that the orthodox top was June 20 not July16/19.

Previous crashes have occurred about 155 cal days from earlier lows and this low was that from March.

Also from June 20 you get 57 days down and other crashes have been 56.

Runups before a crash often exceed the normal 90/91 days and can be up to 99.

March to June top was 98 cal days.

SP500 retreated to the trend channel line for this bull from 2002/3.

Resistance above is probably 1498 or even 1507.

I have SPI 0.618 at about 6227.

Probably 1984 was the best example where we had a very similar pattern here that produced a final up day that looked like break out, just above the previous high closes and just above the old lows from pre July top.

That was it and then hard down.

So a breakout could be a fake out. Two days break and it should be genuine.