T Theory update plus Cycles, Part VII: T Theory near-term and 200-year supercycle analysis by Terry Laundry

T Theory has cyclic elements by the way it incorporates the frequency of advance/decline volume measurements along an "envelope" or band. Terry Laundry has made a detailed study of this over the years and provides periodic reports and updates at his T Theory website. I like to recommend to my readers to check his S&P 500 index updates each Monday to see how he's viewing the equities market. Yesterday, it seems that the drop we noticed in the McClellan Oscillator had a similar effect in his advance/decline envelope, to the point that it actually touched the lower band! His chart of that is below ... but to understand just how he's viewing that information, be sure to listen to his audio explanation at his site. I infer from his remarks that he's focusing on the time frames of late May and mid-June for now - but again, do listen at his audio link.

This time, Terry's chosen to feature a 200-year supercycle as well. The chart is below and he mentions this in his audio comments too. It's sobering. Got questions? He actually encourages those and will collect them next month, to address them in the future. He also describes a book project he's working on, to self-publish an inexpensive but detailed presentation about T Theory, how it works and what it projects. Here's what he states at his website:

Update for Monday May 18 2009: Please look over both the Daily PDF chart and the 200 year SuperCycle PDF charts below then listen to Terry's mp3 audio comments that follow. During June I will provide an email address for you to submit questions concerning these two concepts and I will use them as a guide for future discussions.