Pic wrote "I now lean toward a bumpy ride higher into May/June, although we could get a April/May high followed by a sharp and quick June low, retest in July/August, then a TEAR into year end."

Hey Pic. I always read your cycles work with great interest as I've been developing my own proprietary model for years. As with all things there are times when even the greatest algorithms cease to function during periods of turmoil. As lady fate would have it the Great Market Crash of 08-09 threw my model out of kilter. I've been trying to regain my bearing ever since and now with a couple years trading data available, at long last I believe I've found the path again :) What distinguishes my model from most if not all others is that not only does it predict the dates & duration of cycles, it also predicts direction with equal accuracy.... in terms of Gold price at the opening and conclusion of the cycle. It is interesting to see through the eyes of the model, that despite the TPTB influence on PM markets, the model will always prevail - even if it's a matter of being correct by a few dollars. Yet at times their efforts cease working altogether as natural cycles always triumph and right themselves in the direction to which they're inclined.... up in the case of PMs. At any rate, I agree with you that Feb 22 was an important date in that it marks the end of a year-long cycle. I even determined this exact date without realizing that this is key based on your info as well (neat!) Yet my model says the time is not quite ripe for an explosive move. Instead, it predicts we've entered into what I've termed a "rest period" that always happens before significant rallies begin. Rest periods only last about 6-7 weeks which gives a brief window for the big money to position themselves and there's a lot of it in terms of Managed Money parked on the sidelines waiting to reenter the futures markets. So if my model is accurate, this means the POG will close at or below $1395 by Friday April 08 characterized by sideways chopping by as much as $100, and this will be followed by the next major upleg which will peak around June 24 plus or minus a few days. I'm curious if this fits the model you share with Armstrong. Anything you can offer without spilling the beans of course, would be most appreciated! Thanks Pic.

ESL