Welcome to Pi day, the unluckiest day in the stock market. This is the date of largest reversal in stock market history. This separates the market from a regular “buy the dip” opportunity to “sell the rally,” or better yet, “Get out of Dodge.”

Actually, Pi day is Sunday, so I am taking some liberty here, since the markets aren’t open over the weekend. Notice the symmetry here in the monthly chart. Super Cycle Wave V took exactly 6.02 years, which is 314.16 weeks. That same with Super Cycle Wave b.

Super Cycle Wave c will wipe out all the progress shown on the chart back to the March 15, 1994 low at 436.16, at a minimum. And it may do this over the next 5-6 years.

Meanwhile, SPX is modestly lower in the Premarket in a probable Wave (4) of [c]. Frankly, it won’t matter much whether the turn comes in the morning or later afternoon. It would be interesting though, if the turn came at the final hour 86 (of the decline) of day 86 in the Master Cycle.

Regards,

Tony

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As a State Registered Investment Advisor, The Practical Investor (TPI) manages private client investment portfolios using a proprietary investment strategy created by Chief Investment Officer Tony Cherniawski. Throughout 2000-01, when many investors felt the pain of double digit market losses, TPI successfully navigated the choppy investment waters, creating a profit for our private investment clients. With a focus on preserving assets and capitalizing on opportunities, TPI clients benefited greatly from the TPI strategies, allowing them to stay on track with their life goals

Disclaimer: The content in this article is written for educational and informational purposes only. There is no offer or recommendation to buy or sell any security and no information contained here should be interpreted or construed as investment advice. Do you own due diligence as the information in this article is the opinion of Anthony M. Cherniawski and subject to change without notice.

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