As a follow up to my call 10 days ago, here is my forecast for the next few weeks:

by fb1807 » October 20th, 2009, 6:12 pm 

“After the October 2nd low, it has become quite clear that the October 23rd iteraion of the 33 week cycle would be a high. This is further confirmed with the VIX 60 minute rhythm which has October 22nd as the possible LOY for the VIX like September 23rd and October 30th as a possible VIX spike high and deepest low for the market like July 7, September 2nd and October 2nd. So far the Moon cycle agrees as it looks like we are headed to a minimum of 1020 by the Full Moon of November 2nd.”

We have or will probably make a low on Monday or Tuesday near one of my targets of 1039, 1025 and 1014, and start a Fed induced rally from their Neptunial deceptive statement as discussed by Elizabeth. There is a small possibility that the 1000 level will fail early next week and a panic sell-off to 980 or 950 would occur into the Moon in Leo of Friday the 6th.

The most likely target for this rebound is near 1066 by the Moon in Leo of Friday the 6th which would be a retest of Thursday’s high and also a “Kiss of Death” of the broken August trend line.

There is a small possibility of the rally extending past the Moon in Leo of Friday the 6th and continuing into the New Moon of Monday the 16th and we would certainly retest the 1100 high by then.

Francis
www.AstroCycle.net

“fb1807″

(T&C Forums – Knowledge Contributor)