As planets orbit the sun, the faster planets catch up with the slower ones. Once a planet catches up a synodic cycle has completed and a new one starts. You can measure financial markets in synodic cycles. A very good cycle is the Mars-Jupiter cycle. Below is a picture of the Dow Jones with a Mars-Jupiter cycle.
The indicator does not point to price, so a high or low indicates a turning point, not a high or low, although they can coincide.
According to this we are at a top, should go down till May.
This is what Ganns Tunnel is all about…
In February of 2011 I said the following via Twitter:
Bull markets may have set a top. Cotton, oil, oats, wheat may be entering a bear market now. 5:22 PM Feb 22nd
In Feb 2011 these markets were going, going, gone! Up up up.
So what happened after the call? Here are some charts, (charts from MundiIndex.com).
Elliott Wave International
@mywavez
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Updated my blog, read it here: http://t.co/GiErSKQ5 4 days ago
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Updated my blog, read it here: http://t.co/YpQH5GCj 1 week ago
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@kloutt Indeed the 10 yr cycle can never be ignored. 2 weeks ago
