Predicting Markets Is Like Forecasting The Weather

Last week, my forecast was for a dollar rally, (which we are in the midst of) a drop in the mining indexes into around Oct 4/8 (going down since Tuesday) and a top on Sept 21 on the SPX and down into around Oct 8^th.

The lack of any real selling on the stock market since the Sept 21^st top leads me to believe the bottom is going to be further out than I thought.  Now my forecast is for a bottom around Oct 17^{th (based on the 4 year cycle Oct ’14)}.  I still think we hold to a 5-6% decline on the S&P 500 (SPX 2792).

Once the mining shares bottom and the dollar tops (Oct 4-8), there should be a solid rally in the miners and a good sized drop in the dollar into around Oct 17-19.

The way things are looking now, the stock market could fall from the Venus sq. Mars point (Oct 10-11) into the 17^th pretty hard.  The dollar should begin to fall around Oct 8-10 and this is when the miners should rally strongly into around the 17^th.  I don’t know if this will be a crisis or what, (the dollar falling AND the stock market falling with the PM’s going up), but at this point in time this looks probable. Below is a cycle chart of gold pointing to an October top.

The 40 week low from Feb 9, 2018 is still valid, (at least I think so) and is still due in November 2018.

Speaking of weather, my site (http://eaglesoveramerica.com) has an interesting video on the ShockWave Media Center free page with Piers Corbyn,  reknown meteorologist, and his forecast is that we are going into a mini ice age like the Maunder Minimum. So much for global warming!

Also, I have downloaded the interview I had with Daniel Roy Baron of Win4News on September 29, 2018.  It is a 77 minute interview where I talk about what is coming (the stock and bond market crash); the social implications; the coming war in the Middle East and Europe; the coming “Mini Ice Age” and implications; when I began my journey into studying Elliott Wave and Cycle Theory, my conversion to Christianity and my purpose, why I started Eagles Over America; why we need to set up communities to survive and more.

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