Showing posts with label Feigenbaum Cycle. Show all posts
Showing posts with label Feigenbaum Cycle. Show all posts

Monday, July 15, 2024

Feigenbaum Cycle Potential Key Date = August 4 or 9, 2024 | LunaticTrader

In the recent years the 666 week and 666 day cycles have done a good job in pointing out market highs and lows. See this post from 2021 about the Feigenbaum cycle. And this post from 2023, which indicated the summer high as well as the early winter low in that year: 666 Again. Another key date was mentioned in this second article, August 9, 2024.
 
 
The long term 666 week cycle peaked on January 4, 2022, only a few weeks after the December 10 key date we had pointed out in the original article. As shown in the chart, 666 days before that came the covid crash. If we take exactly 666 days then we find March 9, 2020. That became known as Black Monday and was also the day when Italy announced a countrywide lockdown, the first country to do so. So that was the main panic day of the Covid crash. The 282 day decline from the early 2022 peak allowed us to project three more key dates. Late July 2023 became a market peak, followed by a bottom just before the November 1, 2023 date our 666 day cycle indicated. That leaves us with August [4 or ] 9, 2024, the next upcoming key date.

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