$$ Currency Money Flow Ts

I have a long range Money Flow T in place for the Euro showing a top date in the second week of February (see blue lines).

However, the hourly MFT on the US Dollar shows a top on December 20:

Taking a look at the dollar chart, you'll notice that stocks are trading inversely to the dollar.  I expect dollar weakness to continue into next week, and then reverse into dollar strength heading into the 20th.   After that, the bigger daily Euro MFT should take over, and the dollar should decline into early February as the Euro rises.

Accordingly, whatever selling climax we get in equities should not last past December 20.  After it's over, I expect equities (and gold) to shine through January. 

This is confirmed by the volatility Money Flow T, which shows a final low in early February (black lines).

An early February final top for stocks would be important in terms of the four year cycle that Terry spoke of, referring to Orville's work.   The four year cycle is a low to high to low cycle.  If the 4 year cycle started at the early March 2009 low, then we can expect the next low in March of 2013.  The cycle will be interpreted as bearish if the high comes before the halfway point (March 2011).  The cycle will be interpreted as bullish if the high comes after March 2011.  

So if the high comes in early February, then the cycle will be considered bearish (if  March 2009 is the correct start date) and we should expect the lows of March 2013 to be lower than the lows of March of 2009.   

Note, however, that there is not universal agreement on when the four year cycle should start.  Some would argue that the four year cycle began at the November 2008 low, which would make a February top date considered bullish, not bearish.