I have written earlier this year about the Chinese lunar / solar cycle in Year of the Snake and the Chinese 19-Year Lunar Cycle. It is interesting to review the chart right now as it has marked the swing turns of this year so far quite remarkably.
As mentioned before, I am not a fan of astrology, it is quite difficult for me to accept that this chart has actual projection value. But given what happened so far, it has done a pretty good job in highlighting the swing tops and bottoms this year.
Going forward, the projection points to:
1. a significant decline should start now and that it should lead to a selloff ending sometime in mid June
2. a rally into August with another all time high
3. major selloff all the way into December
It will be interesting to see how the stock markets unfold going forward.
Year of the Snake Bite
I have written earlier this year about the Chinese lunar / solar cycle in Year of the Snake and the Chinese 19-Year Lunar Cycle. It is interesting to review the chart right now as it has marked the swing turns of this year so far quite remarkably.
As mentioned before, I am not a fan of astrology, it is quite difficult for me to accept that this chart has actual projection value. But given what happened so far, it has done a pretty good job in highlighting the swing tops and bottoms this year.
Going forward, the projection points to:
1. a significant decline should start now and that it should lead to a selloff ending sometime in mid June
2. a rally into August with another all time high
3. major selloff all the way into December
It will be interesting to see how the stock markets unfold going forward.
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