Wednesday, March 26, 2014

QQQs $94 March 30, 2014 needs a Spiral Calendar sticksave

It's more unlikely with each day that QQQs make it to $94 by the weekend of Sunday March 30, 2014 (Friday or Monday), particularly after today's drop.  As explained in the “dilemma” post a couple days ago there was a cluster of projected pivots from March 20-24 which I interpreted as a bottom and top.  Turns out with today’s low that was lower than March 24, that cluster marked a top and did not mark the bottom as well.  Only a top.

The only way Spiral Calendar dates can make the projected high on the weekend of March 30 is if there is a projected pivot for March 27, 2014 (tomorrow) that I haven’t discovered.  And, after scanning again and again, there is:

It’s pretty un-encouraging because I found 3/27/2014 projected only twice; not several historic dates projecting March 27, 2014.  Of a little comfort is it makes use of the 14 SC interval which is based on the Fibonacci number 144, e.g. sqrt(144) / synodic lunar month = 354.4.  Of course, 354 days is the synodic lunar year and Carolan had some very good things to say about the 12th SC interval and the SC 34th interval   (which links the 1929 and 1987 crashes) because they are a whole number of moon cycles (12 cycles in the 12th SC interval and 717 intervals in the 34th).  As is obvious from the above table, both pivots were bottoms and that's what the March 30 projection needs in the worst way.

Discomforting is the puny nature of the bottoms.  In reading Carolan, it’s not necessarily size that matters:

A bottom tomorrow morning and one heck of a short squeeze into the end of the quarter Friday/Monday.

Jim

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.