For years I have had a July 6ish 2013 low based on 62 month or sometimes more precisely 1884 day cycle as shown below for the Aussie market.
If a top was in and SPX declines for the same durations and same amount as 2007/9, then we get a target of July 2013 and a price at the 1994/5 breakout from trend and the following euphoria. I feel this area should be revisited.
Yes if we get a May 26ish low this year then Armstrong will be ruling and we should move higher into about Jun 22 2013.
That leaves little time for a low in Jul 2013 unless we get a 1987 type plunge. That did happen on an Armstrong turn.
Let's see what happens into mid year.
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