Spirals Aligning This Week For Yet Another Possible Top

Posted: January 9th, 2011 under Predictions, Stocks.

Stocks have been rising on a bubble of optimism since late summer last year and we are at yet another place where a turn seems possible, even likely. However we need confirmation in the form of five waves down and a significant increase in volatility.

I recommend clicking on each chart to see the enlarged version as browsers tend to do awful things to shrunken images, such as remove price bars entirely.

Dow

Spiral Calendar Turn Dates Chart For DJIA for January 7th, 2011

Spiral Calendar Turn Dates Chart For Dow Jones Industrial Average for January 7th, 2011 – click to enlarge

New visitors: please see this post for a brief explanation of the spiral calendar.

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3 Comments »

  1. Hi
    I was wondering what software do you use to generate the graphs? And where do you acquire the historic data. I would be interested in running the spirals on random stock selections.

    Don

    Comment by Don Harouff — January 10, 2011 @ 12:03 pm

  2. Hi,
    Sorry for the question, I read some old comments and see it’s custom.
    Don

    Comment by Don Harouff — January 10, 2011 @ 12:07 pm

  3. I suggest you look for a significant high between 12,360-660… If it gets there then a 20% price drop should be expected in a correction in Wave (iv)…

    Comment by Ian Copsey — January 16, 2011 @ 1:14 am

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