If the DAX and SP500 are going to turn down then this weekend is an ideal point for them to do so. Coming into this top is a 60 year cycle, 60 year cycles are not always spot on to the day, the 2nd or 3rd August would have been ideal and indeed we got a turn down on the 1st August. This weekend the 2nd cycle point is occurring, if we get a gap down Monday then that would suggest that the 60 year cycle is going to take hold and we are likely to have a down month of August, in fact the rest of the year would be down.
- #7,019
- Aug 8, 2016 2:56pm Aug 8, 2016 2:56pm
- Joined Jun 2015 | Status: Trader | 14,961 Posts
Beware of robber banks (RB), bad advisors. 
- #7,020
- Edited 4:50pm Aug 9, 2016 12:19pm | Edited 4:50pm
- Joined Feb 2007 | Status: Trader | 3,238 Posts