Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Europe Erupts As Cycle Call Nailed Perfectly

|Includes: DIA, QQQ, SPDR S&P 500 Trust ETF (SPY)

After months of calculations and proprietary chart analysis, Chief Market Strategists discovered a cycle pivot point in the market. This pivot cycle date would begin the demise of the current bull raid on Wall Street. It was stated to members that the cycle would have a 'rounded top', then a sharp rollover.

This current market move has played out perfectly according to their cycle analysis and call. Over the last month, the markets have chopped in the upper ranges. This was the perfect distribution/rounded top aspect of the cycle top as institutions sold into hyped up retail buyers.

Since last week, the selling started as the full downside of the cycle is now playing out. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $136.40, -1.82 (-1.32%). The Dow Jones Industrial Average is down 300 points in just the last two days.

Gareth Soloway