Saturday, January 16, 2016
It is all cyclical
The Bear is not done yet....
As we can see the Fear levels which we had seen in August 2015 have not yet manifested..The Bear has to bring out such fear and cause capitulation to complete the bear market.
As it is always said, Bull markets climb a wall of worry and Bear markets descend a slope of hope.
Every upward retracement must kindle hope, every subsequent down turn must crush it and one big fall should make most investors and traders to give up and sell everything. This phenomenon is called capitulation.
This has not happened yet. When it does this bear phase will be over.
VIX indicates that there is still a fair bit of complacency left.
But the end is quite close. Astro has been indicating it.
Let us see what the cycles have to say.
According to Kress Cycles, this year`s market movements will have an echo from the markets, 6,10 30,60 and 120 years ago. Let us ignore all those very old cycles and look at the recent ones, 6 and 10 year cycles.
We see, according to the echo of the past, market should bottom out in a week or two and then begin a rise into April/ May 2016. Note that they may not be exact replicas but some similarities could be there.
That the current bear market does not end now, but only in April 2016 is a possibility.
Does Astro correlate this?
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