Friday, June 29, 2012
Review of the 187 week Panic cycle and what's next
From the previous post: "Of course, all cycles do expand and contract, but it is interesting that there is an unusual 6/22-26 Time & Cycle Cluster in the coming Panic Cycle week."
The regular 187 week Panic Cycle due this past week has either contracted to 184.5 weeks to the 6/4 Major Low or will expand into the near by future date as we saw on the 5/22/01 High, which was one of the 186 week Cycle dates. This makes the July Month an interesting month to watch.
There are some upcoming Time & Cycle Clusters in the month of July that should be important Highs and Lows to monitor. The current active Master Cycles focuses on 3 important July Dates in the nearby future. The Banks has an upcoming triple Time & Cycle CIT cluster that should mark an important turning point. It should cause some large price movements.