The 10-13 Week Cycle

ZBZ's not quite as BULLISH as I am:
SPX 10 & 20 week cycles

Posted By: zigbearzag
Date: 1/2/2003 at 10:27:28

Looks like we NOW have definitive confirmation that the 2 aforementioned cycles have bottomed.

Timetable for this wave 2 move to stated levels is mid-January; we'll finetune the time; the move from 869 to 920 area will be 5 wave C move up.

SPX i. 923-930 ii. 911-916. 920 is where C=A*2.618; 921 is .618 retrace from 869 from 954.

This move then would be

1: 954-892 (done)
2: 892-921 (target; 46.6 retrace; that is more typical retrace

where 2 above is ABC (classic "EXPANDED FLAT" wave 2)

A: 892-911 (done)
B: 911-869 (done)
C: 869-920 (target; C=A*2.618)

target if we get past 911-916