The Fib grid for SPX target of 1354/5 worked out nicely...

The Fib grid for SPX target of 1354/5 worked out nicely :-).

Anyone with any Elliott Wave experience would suggest we might be ending a 3 of 3 or even a 3 of C and there is AT LEAST another leg up.

Looks like it to me too.

BUT, here are a few other thoughts based on longer term ideas.

More so for the Aussie market , I have a 1884/3768 cal day cycle which is the precision aspect of a 62 month cycle.

This gives the 1982 low, 1987 top, 1992 low, 2003 low and 2008 high etc.

Using this the 2003 major low came in exactly to the day and next low is July 6 2013 (Saturday).

I use Armstrong 1/12ths and 1/8ths and from the 2009 low it gave us the 2011 high exactly at 2/8ths or 1/4th.

From the 2007 top an Armstrong 8/12ths or 2/3rds is July 5 2013.

Where is this leading?

If you were of the idea that the 2007/9 decline was just the first leg down and another was to repeat of equal duration then since the first leg was 512 cal days....

SPX high Feb 9 2012 + 512 = July 5 2013.

Obviously if we go higher it is meaningless BUT if it holds then we have a triple confirmation of a date and that would be hard to dismiss.