From my last public post, I was looking for an "Upcoming December swing High"
The 66 wk/132 wk cycle is well known by various technical analysts. I first heard about the 132 week cycle back in the 1980's from the now retired Chuck Plank, editor of the Golden Touch Newsletter, when we correlated 3 major Highs to 3 major Lows with the 132 week Cycle.
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01/14/00H +131.71 wks = 07/24/02L
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03/24/00H + 132.86 wks = 10/10/02L
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09/01/00H + 131.71 wks = 03/12/03L
The 66 wk/132 week cycle can also be found in the NDX Cycle below.
Fro many weeks now we had a major Time and Cycle Cluster starting from 11/24 into 12/5 Time Cluster, along with the 55 week and 132 week cycle due in that same time frame: "The next T&C Cluster is 11/24-12/4, with a 11/23 Solar, 11/24-27-28-29 Quadruple Geo CIT & 12/1 Solar and 12/4-5 triple Geo CIT along with the major 132 week Cycle due 12/1+/-
Actual: The NDX topped out at the 11/28/17 High, right at channel resistance, while the SPX topped out at the 12/4/17 High, at the 12/1 Solar and 12/4-5 triple Geo time CIT, piercing its long term channel resistance since the March 2009 Low, when the current Bull market began.
What's Next: From 12/4H, we started a decline that should lasts into the next major Time and Cycle Cluster. We are currently researching the Top 5-10 major Time & Cycle Clusters (Major Turning Points) for 2018, which should be very rewarding to find.
Trading in Stocks, ETF, Options and Futures involve risks. Trade at your own Risk. Do your own homework. The contents of this blog are for general information and educational purposes only and should not be construed as an investment advice strategy. Past performance is no guarantee of future results.
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