Investment and Timing – Shemitah – The 7-Year Cycle
by WaveTrack International| September 8, 2015 | No Comments
Something important awaits you at the bottom of this message – but first, read on…
As many of you are aware, WaveTrack International’s application of the Elliott Wave Principle (EWP) is typically ‘purist’ in the way we use R.N. Elliott’s original guidelines as outlined in his two monographs, ‘The Wave Principle’ (1938) and ‘Nature’s Law’ (1946). Within the basic precepts of action/re-action processes are two branches of thinking and belief that form the basis of its workings – that price action is derived from swings in mass-psychology and the other, taking the form of Nature’s Law, governed by universal principles of number, ratio and proportion with the recognition that stock market price development is part of a much broader sequential growth/decay pattern that touches further into mankind’s awareness of his very existence.
Now, that last bit is quite a revelation because not all of us are at the point where we can accept the possibility that price development, whether this is in the stock market, bonds, currencies or commodity markets, is pre-determined – that certain ‘Laws’ are in operation which dictate the progress of anything, let alone the markets! Personally, I have absolutely no doubts because I’ve seen and witnessed real-life examples of the ‘Principles’ at work and have successfully tested them to my own satisfaction over the last 25 years. The US$ dollar index provides a good example.
Our historical data begins from the year 1660, but the period from the end of the America Civil War (1865) when the ‘Greenback’ was first accepted as the country’s dominant dollar began a perfectly formed five wave impulse pattern that ended into a final high in the year 1985, together with perfect Fibonacci measurements (120 year cycle – 2 x 60 years, W.D. Gann). I often use this example when I meet sceptics because the period encompasses fundamental and historical events that would seemingly ‘interrupt’ or ‘destroy’ the evolving pattern – such events as the second phase of the Industrial Revolution, the destruction of the European Monarchies, WWI, the Great Depression, WWII and so on.
Another example is the multi-year forecast published of the Dow Jones Index in year 2004. The chart drew an evolving ‘expanding flat’ pattern, forecasting a peak in Oct.’07 to within 29 points of the actual high and the following crash to within 59 points – this is not possible unless there are some defining ‘natural laws’ at work – a ‘deterministic’ process!
If we’re prepared to come a little closer to the underlying principles of the EWP, then it’s not such a quantum leap to also explore the timing of major directional changes. I’ve investigated many aspects of cycle theory over the last 20-years, following in the footsteps of many others studying the works of Benner, Kondratiev, Kitchen, Juglar, Kuznets and the more well-known discoveries of W.D. Gann and Dewey’s double-triangular table – even astronomy/astrology and the mystic forecasts of such men, long forgotten, like Sepharial. Now I’d like to share with you something connected to cycles that I recently came across concerning a 7-year periodicity – the Shemitah.
The Shemitah 7-year cycle has gained awareness in recent months through different media outlets but prominently from Jonathan Cahn’s book ‘The Harbinger’ and subsequently exploited by Jeff Berwick. It states that the end of the current Shemitah cycle is on the 13th September 2015, in several days’ time. On two previous occasions, this cycle has triggered a significant stock market sell-off – in September 2008, during the ‘financial-crisis’ when the Dow Jones collapsed by -29% and when the World Trade Center was destroyed in September 2001 with the Dow falling by -16% per cent. But this time, the current Shemitah cycle also begins a 50th year ‘Jubilee’, something that W.D. Gann was aware of from his cycle work.
So I began taking a good hard look at this, starting my own research into the Shemitah and scrutinising the exact dates of its beginning, its end. Not only that, I plotted how its effect on the Dow Jones Index occurred over the last 100 years. Well, that research was published in last month’s institutional Elliott Wave Navigator report, and I believe it to be so important, that I’d like to share it with you too!
The Shemitah 7-year cycle is just part of the EW-Navigator, but for the moment, just concentrate on this. The report includes tables of how the Dow Jones Index performed during the seventh year of the Shemitah and also what effect it had on the markets in the 3-months that followed its completion. So there you have it!…don’t miss out on this exciting time to follow how the end of the current Shemitah cycle will pan out – the exact date is the 13th September!
You can download the EW-Navigator report and the Shemitah 7-year cycle section from the ‘Specials’ section of the EW-Compass software – ABSOLUTELY FREE. Don’t delay, ensure your subscription is up-to-date.
Sincerely,
Peter Goodburn
SPECIALEW-COMPASS REPORT OFFER by
www.wavetrack.com
Where can I download the Shemitah Report? Login/Subscribe to the EW-Compass report. A new window with the report will open – here click on any of the charts or ‘View online report’ and on the right side click on the tab ‘Specials’! Here are various long-term reports ready for download.
Tags: W.D. Gann
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