WHAT SEPTEMBER COULD BRING...

I did an analysis a few months back in regards to Sept 02-06 as being a reactionary date.  If our patterns are realized then it could be the start of a 3rd wave move down (most bearish case) or a C wave move (still bearish but with a potential new high to be made later or next year). 

The analysis for September is based on my weekly counts of the highs made in 2007 to the lows of March 6, 2009.  This gave us a weekly count of 74 weeks.  Multiplying that with Pi (3.1415) we arrived at a total of 232.47 weeks.  This added to the low made on March 2009 gives us an approximate date of Sept 02-06.  This was reinforced by Platy at Planet forecaster as a (Nasdaq Helio Jupiter 72 deg.) Which falls on Sept 5th.

Last Thursday on Platy's blog I posted how I interpreted the wave patterns to form and so far we have been pretty good with the calls with the patterns and the signals.  It is as accurate as we can get give or take a few days.

"I have been trying to figure out an EW pattern for the following month ahead. Looking at the current wave, I would still be looking for a 5th wave lower to finish the trend possibly by tomorrow. Then a corrective zigzagging pattern up for the new week ahead starting on the 26th through to early Sept (possibly Sept 5 Nasdaq helio Jup 72deg Provided by Platy). At this point either a 3rd wave down or a C wave down till the last week of Sept or early Oct. would finish of the wave 3 or C decline or finish. Depending on the severity of an impulsive pattern to the downside we could finish of these small sub-waves within this year as an A wave pattern or a 1st wave."

So I have attached the type of formation for visual understanding of the above: (Note: This is just a forecast and should be backed up by your own signals and indicators, so don't take this as a trade suggestion.)

More of the ORIGINAL ANALYSIS --- HERE