👀 WEEKLY SUMMARY 3.3-7.3 / FORECAST

📉 S&P500 – 8th week of the base cycle (average 20 weeks), which began with the pivot forecast on January 13—still in Phase 1. The bear is completing the overdue 50-week and 4-year cycles. Target levels were outlined in the previous post. Based on cycle timing and structure, signs of Phase 1 completion are emerging.

👉 Retrograde Venus pushed indices lower after Friday’s attempt to bounce. On March 3, the extreme forecast provided an excellent intraday shorting opportunity right after the regular trading session opened—the market never looked back.

⚠️ Short positions remain from January 24 or the triple top on February 20. The next extreme forecast is March 17—a classic setup coinciding with the start of retrograde Mercury.
At the beginning of the week of March 10, there’s a chance of retrograde Venus retracement lagging upwards (mentioned in the last report. This could mark the closure of Phase 1 of the base cycle.

🏆 GOLD – 17th week of the base cycle (15-20+ weeks). As expected the pivot forecast on March 3 reversed gold upward from the extreme forecast level of October 28 (2850 on current futures).
A new base cycle cannot be ruled out, though technical confirmation is lacking. The usual cycle length for gold is closer to 20 weeks, so we remain in the final phase, and anything is possible—traders must react accordingly.

👉 Pivot forecast trade on February 24 yielded a $3K–$5K per contract move into retrograde Venus on March 3—congrats to those who entered, a solid trade.
A long position was opened at the March 3 extreme forecast, which is now at breakeven.

⚠️ Next extreme forecast: March 17—coinciding with the start of retrograde Mercury.

🛢 CRUDE – 14th week of the base cycle (28 weeks), a very mature Phase 1. The March 3 extreme forecast reversed a 2-day correction into a new bearish wave, pushing below the broken and eroded support level. This scenario was anticipated two weeks ago.
Price range from the March 3 extreme forecast to the current move: $2K per contract.
Based on timing (14 weeks) and chart structure, Phase 2 may have begun.

⚠️ Bearish outlook remains, as outlined in my summer 2024 crude oil post.
Next extreme forecast: March 19, aligning with retrograde Mercury on March 17.

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