"If history's any guide, this kind of swift rebound should be a major inflection point for our beaten-down stock market," he said."According to Williams, we're dealing with a very bullish situation here. In other words, he thinks last week's gargantuan rally may be the beginning, not the end."
Further supporting Williams' prediction that the market's rally will last is a 12-year cycle he's noticed for rebounds in the Dow, Cramer said."The last time this 12-year cycle predicted a major move off the bottom was none other than 2010, which turned out to be an excellent time to buy. Now it's 12 years later … we had a monster move last week," Cramer said, adding Williams sees an"extremely bullish sign.
Williams noticed yet another pattern — this one a dominant 75-day cycle in the Dow — that shows that the market is due for a rally through Sept. 1, according to Cramer.for the CNBC Investing Club to follow Jim Cramer's every move in the market.
I wish i could get paid to just guess the future.
$SPY puts gonna print