Looking at the price, one might say that there was a primary cycle bottom on February 2. As only the US indices made this bottom and European indices did not, I think we are still in the primary cycle that started on October 16, 2014. This means we are now in week 19. The possible February 7 turn date did not produce a turn.
The remaining possible turn dates for the current primary cycle are:
Based on astrology:
- 5-3-2015 (The entire period of planetary activity runs from February 25 to March 11)
Based on day counting:
*In my previous post, I mentioned March 11 as a possible turn date based on day counting. I changed it into March 7 as this date gives a better match.
It seems that, again, we are heading for a primary cycle that takes its maximum duration of around 26 weeks.