The 6/30 -7/1/08 New Moon -2 Crash Harmonics

This one is in the Fwiw Department.

The 6/30-7/1/08 New Moon -2 Crash Harmonics is:

1. 84 Lunar Months (= 7*12) 9/21/01 Crash Lows
2. 132 Lunar Months (= 3 *44) 10/28/97 Crash Lows
3. 176 Lunar Months (=4 * 44) 04/04/94 Mini Crash lows
4. 256 Lunar Months (=2*128=4*64) 10/20/87 Crash Lows
5. 717 Lunar Months (Carolan Crash Analog) 7/13/1950 Mini Crash Lows

This last one was one of the Major Cycles I have been watching closely these last months for my clients and is now coming to a conclusion:

3) The 717 Lunar Month (LM) Cycle:

This cycle was discovered and made famous by Chris Carolan and its of historic importance as it connected the 1929 Crash to the 1987 Crash, Day for day!, the distance between them? 717 Lunar Months, 1 LM =29.53 CD, so 717 LM = 21173 CD.

So I looked back 717 Lunar Months and guess what I found?

1. 6/11/1950 High = 05/30/08 High, Actual 5/29/08 High.

These are rough estimates, as I couldn't find the exact date, but see the green chart at: http://mrci.com/special/ddji51.php

2. 6/25/1950 = 6/13/08, is when N. Korea invaded S. Korea and markets were down heavily on the days after that.

3. 7/13/1950 Low = Major 07/01/08 Low = New Moon -2, often associated with Crash Lows.

The next Time and Cycle Cluster: 6/30/08

The last Major Time and Cycle Cluster was on 6/3-6/08 (see previous posts). We had a 6/5 Major High. The markets are now declining into my next Time and Cycles Cluster due on 6/30/08 +/-1.

Potential Price Targets are shown on the Monthly chart (Click to enlarge).

The first area of support is 1290-1300 SPX (where we are now), but the more likely target is the 1257-67 SPX area.

The 1257-1267 SPX is the 38% and 62% retraces and is the previous 1/23 and 3/17 support lows as well as the long term UP (green) channel. Only if we manage to crash through this triple Major 1257-67 SPX support, then 1172 SPX is the 50% retrace and (Red) Down Channel (1st chart) Major support.

There are several proprietary Timing Clusters due on 6/30/08. There is also the well known New Moon-2 (due early am 7/1/08) harmonics with past crashes:

6/30/08 NM-2:

1. 84 Lunar Months (= 7*12) 9/21/01 Crash Lows
2. 132 Lunar Months (=2 *66=4*33) 10/28/97 Crash Lows
3. 256 Lunar Months (=2*128=4*64) 10/20/87 Crash Lows

Although there are Lunar Harmonics with past crashes, a crash remains unlikely into the 6/30/08 Lows, but you won't want to be long during this time period.

The potential bullish counts are shown on the chart. This suggests we should get an explosive rally in July, once the 6/30 Major Lows are in.




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Gap and Go day?

Gap and Go day? It sure looks like it. We got our 6/5 High @ Close. There was an hourly CIT at Close yesterday/Open Today, which appears to be the High. This would confirm the series of Cycles looking for a 6/5-6 High.

The possible wave count is shown on the chart (click to enlarge).

I am still looking for a 6/9 Low as mentioned in the last post.

Fasten your seatbelts, it should be a wild ride.


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This will be my last post for awhile out of respect for subscribers.

The June 3-6 Time Cluster

Since my last timing post on 5/19's Major CIT (Change in Trend), which has been the Major High sofar, I had a 5/30 CIT lower High (Click on Chart to enlarge).

There has been a huge Cluster of "Hits" mentioned by various respected timers in the June 3-6 Time Frame, through their own various Timing methods, some say this time frame will be a Major Low, others, a Major High.

In my own Timing and Cycle methods, I have 2 separate timing CITs, an NDX 6/4 CIT and a Major 6/9 SPX CIT. My Series of Cycles has the last High due on 6/4-5, so my current bias is that we will see a 6/4-5 HIGH, right along with my 6/4 NDX CIT. We should then see a fast decline into my next daily SPX CIT due on 6/9/08 LOW. It becomes clearer to me once my Timing methods confirms my Cycles.




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