Courtesy of www.PretzelCharts.com
The market bottomed this week on Wednesday Feb 5th.
Based on the chart above the rally has to fail in a few weeks and start to turn down for this scenario to stay in play.
On another note, JustSignals posted:
Astro Forecast for the S&P500
on May 13,2011 http://bit.ly/1f499Mf
Our May 13th Forecast Turn out to Be Very Accurate
on October 12,2011 http://bit.ly/1iGOv8L
Recap of the May 2011 Forecast and Where Are We Now
on December 17, 2013 http://bit.ly/JCK57a
The current Astro Forecast Charts still forecast for a rally or relief rally into late February or March +/- and then to resume the down trend.
Conclusion: The Astro Forecast is still forecasting a bottom in the stock market in 3Q 2014 +/- and "maybe" the 1929 comparison should be watched.
This has been posted for Educational Purposes Only. Do your own work and consult with Professionals before making any investment decisions.
Past performance is not indicative of future results.
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