Market cycles follow a 32 year time period. Below is a chart of the Dow at 32 year intervals. The years of 1974, 1942 and 1910 are displayed, each at 32 year intervals with the year 2006, (32 years after 1974) now unfolding. Highs and lows are marked on the historical charts that correspond to a particular market cycle time period. Look at the number 1 high. It occurs on average in early January. Then the 2 low occurs on average, just past middle January. The 3 high is in late January. The 4 low occurs around the middle of Febuary. Look for a move to the 5 high in early March in the stock market. Their is no way of knowing how far the market may move, this is only a way of knowing approximately WHEN a market may move. The turn points should not be considered accurate so you must give room for error as far as using this for timing. These charts are created from Prophet.net. You can do your own research on this 32 year cycle by using the historical data available for free on their Java charts. They have the Dow going back to 1901. Go to prophet.net, open java charts, bring up the Dow on the charts, on the dropdown box for time period, click ALL. A monthly chart of the Dow will load going back to 1901. Go to the dropdown box for chart time period and click daily, and the chart will load for daily bars going back to 1901. You can create charts at 32 year intervals to copy and paste to an image viewer to compare for yourself. I provide this info on Elitetrader for further discussion. Hopes this help your trading. <a href="http://photos1.blogger.com/blogger/7058/2276/1600/dow%202006%20jan%20thru%20aug.5.jpg"><img style="DISPLAY: block; MARGIN: 0px auto 10px; CURSOR: hand; TEXT-ALIGN: center" alt="" src="http://photos1.blogger.com/blogger/7058/2276/320/dow%202006%20jan%20thru%20aug.4.jpg" border="0" /></a>
Sorry the charts are so bad. I do not know how to make them better. They appear fine on Irfanview on my computer. Any suggestions would be appreciated.
Your charts look fine to me. Probably your browser is set to resize them for your window. If your cursor appears as a magnifying glass w/a plus when over the image, click it and it should appear normal-size as you posted it. H
Looks from todays market action in the Dow and S&P that the 4 low due mid Feb. has been made. Look for some move higher to the 5 high due early March.
Update: It looks as though the 7 high due late March is in, and now moving to the 8 low due early April.
Here I'm posting the 32 year cycle chart again showing the order of highs and lows that correspond for 2006 trading year. The average 7 high occured in late March and the 8 low average low point is the first week in April.