Monthly Forecast Array Articulation
On the Monthly Level, focusing in now on timing factors, there is a rational
potential of a rally moving into June with the opposite trend implied thereafter into
July (NOTE: this can be intraday or on a closing basis).
The strongest target in the Monthly array is November for a turning point ahead, at
least on a closing basis. It does appear we have a choppy period starting May until
July, but we do have a key target arriving also on June with each target producing
the opposite direction for that 3-month period. Thereafter, we see the next target
coming into play as September until December, but we do have a key target arriving
also on November with again each target producing the opposite direction for that
4-month period.
However, the important target during that period will be November. Still, when we
look at the next higher time level, we see that a high formed during Quarterly. We
have a Monthly Directional Change target due the day of November. This lines up
with a turning point so in this case we can see at least an intraday event, or a turning
point based on the close. Our volatility models also target this date as well. Don't
forget, a Directional Change can also be a sharp dramatic move in the same
direction, not just a change in direction.

MONTHLY TIMING
On the Monthly Level, focusing in now on timing factors, there is a rational
potential of a rally moving into June with the opposite trend implied thereafter into
July (NOTE: this can be intraday or on a closing basis).
The strongest target in the Monthly array is November for a turning point ahead, at
least on a closing basis. It does appear we have a choppy period starting May until
July, but we do have a key target arriving also on June with each target producing
the opposite direction for that 3-month period. Thereafter, we see the next target
coming into play as September until December, but we do have a key target arriving
also on November with again each target producing the opposite direction for that
4-month period.

However, the important target during that period will be November. Still, when we
look at the next higher time level, we see that a high formed during Quarterly. We
have a Monthly Directional Change target due the day of November. This lines up
with a turning point so in this case we can see at least an intraday event, or a turning
point based on the close. Our volatility models also target this date as well. Don't
forget, a Directional Change can also be a sharp dramatic move in the same
direction, not just a change in direction.

Socrates