Monday, March 4, 2013
March 2013 Solar Cycle #24 Review!
This is the solar activity for the month of February which is posted in the beginning of the next month. It is a picture of what has happened with a outline of what may happen in the future. The good thing is that solar cycles are far more predictable than the stock markets are but they are deeply connected.
As we look into the past down to the solar cycle bottom in 2008 we know that we should never be bearish at the changing of the solar cycle numbers. Just before every major solar cycle bottom we can expect a crash and any Elliott Wave count that is bearish at that time will get trashed. I recorded the solar cycle bottom in 2008 and a week or so later most all commodities made their bottoms.
After every solar cycle bottom we can expect a 4 year or longer bull market and this is the main reason that GSC degree wave counts will never work.
After a brief flurry of solar activity in the beginning of February, the solar activity crashed again. Lower solar activity translates to potential lower world temperatures which helps to produce massive snowfalls such as experienced in the US this winter.
The activity of this solar cycle has been low to pathetic but it could drag out sideways for many more months, and it still could take until late 2013 or early 2014. The solar cycles rise much faster than they go down based on a 11 year cycle. Cycle #23 lasted about 13 years from bottom to bottom and we could get another 13 year cycle.