Timing Elements For Focus Day May 8, May 7 - 11 Macro Ezone
This Email Alert was posted to the web on May 15, 2009
Several several major market moves come together during this Ezone. Please recall the significance of the ratio 2.3416. This is the ratio of the perimeter of the One-Two Right Triangle over the hypotenuse. When the legs of a One Two Right Triangle equal 1/3 and 2/3 of Pi, the hypotenuse equals 2.3416. This is detailed in a PDF download from our web site and has been referred many times in previous Email Alerts. Also, 1.34164 x 2.34164 = Pi
May 8 is 2341 days from the 2000 DJIA top. This top is 2340 days from the October, 1990 bottom. Thus there is excellent symmetry. In addition, there are 2341 days between the 1974 S&P bottom and the January, 1984 DJIA top.
There have been two previous major moves of 6389 days: 1962 bottom to 1987 bottom, and 1974 S&P bottom to 2000 DJIA top. There are also 6389 days between the January, 1984 DJIA top and May 8. Thus 2341 and 6389 have shared common pivots in the past and both meet again on May 8.
There are 1655 days between the 2002 bottom and May 8. 1655 x 1.4142 = 2341.
There are 144 days between the October, 2008 low and May 8.
There are 396 days between the October, 2007 top and May 8. 396 x .382 = 151, the number of days between the 2007 top and the May, 2008 top.
There are 352 days between the 2007 top and the March 6, 2009 bottom. 352 divided by 8 = 44. There are 44 days between March 6 and May 8. This matches the 44 day move from the March, 2008 S&P bottom to the May, 2008 top.
2341.6 divided by 1.4472 = 1618. 2341.6 is directly related to all iterations of The Golden Mean and Pi.
There are 6128 days between the Invisible Ezone (1985) and May 8. 6128 x .382 = 2341.
The above examples are just a small portion of the timing indications for the May 7 - 11 Ezone. So many important Timing Elements coming together can be very seductive. Seductive to the observer, but maybe not so seductive to the market. The market will stage an important reversal when it's ready, not before. The Timing Elements tell us that conditions are excellent for a reversal. There is a tempting window of opportunity for the market to turn. However, April 13 and 17 were almost as inviting and although the market turned down for a day or two, it quickly went on to new highs. Just as penetration of the April 13 Ezone signaled the current advance, penetration of the current Ezone should lead to similar results.
Below is the note sent May 5, the first part of the Email Alert regarding the Macro Ezone May 7- 11, Focus Day Friday, May 8.
A few currently pertinent items from mid-April Email Alerts:
When such an important Ezone is penetrated so quickly it tells us the bullish momentum is extremely strong.
"It did not die in vain" when it was penetrated. It told us the market would advance at least another 8-10 percent, and the advance would last a minimum of another month, and probably much longer.
The items above referred to the April 13 Ezone. Thus far the advance has continued.
However, for it to be up 8-10 percent and last a minimum of another month, S&P's advance would have to reach 925-930 area, circa May 13.
Per "Currently, we are looking circa May 8-9 for the next Macro Ezone" repeated several time during early April, we can confirm we're now looking at Friday, May 8, as the next Macro Ezone Focus Day.
Perhaps our timing stress test was too stringent. The advance may last just under a month.
The purpose of today's note is to re-confirm the importance of May 8. Timing elements will be sent during the next two days.