-Has the S&P completed an A-B-C rally phase and poised for a new wave of selling and a new leg down to new lows?
-A break of a Necktie of the 200/20 day moving averages would seem to confirm that notion, even if this level holds for a day or so.
-But, caveat emptor as the last two weeks may have been the eye of the hurricane and the calm before the storm: the current period aligns cyclically with what Gann called a panic zone which is 49 (7 squared) to 55 (Fibonacci) days from a peak.
-Sept 11 is a solar eclipse which is the most powerful of astronomic/cyclical influences and it will be interesting to see if its power is exerted on the 6th anniversary of 9/11.
-This is the time frame in which many crashes in history have played out including 1929 an 1987.
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