Trading activity has quickly closed the pi lines gap to $1147, and it is closing at roughly $50 day. This implies a crossing in 23 days. If the crossing is as good a predictor of cycle tops as in the past 3 cycles, when it predicted the cycle top within 3 days of the crossing, we will have a cycle top in roughly 26 days. The pi cycle lines are green and gold in the chart.
NOTE: This pi crossing is not a guaranteed predictor of cycle tops, but it has predicted the past 3, so make your bets accordingly. Who knows, we could be at 100k in 23 days...or not.
NOTE: This pi crossing is not a guaranteed predictor of cycle tops, but it has predicted the past 3, so make your bets accordingly. Who knows, we could be at 100k in 23 days...or not.