Tuesday, January 18, 2011
The Master Cycle outlook for the next week: 1/18H, 1/26L
The Master Cycle (MC) has been active and in the markets since 11/1/10 Lows.
Most recently, it called for a 1/7-10 High (#1 on the chart) and a brief pullback into 1/11 Low (#2 on the chart), which was 1 TD earlier, when calculated in Calendar days (see previous posts).
The Master Cycle (click on chart to enlarge) is now looking for a Top today, 1/18 High, then a decline to 1/26 Low. 1/18 is also a double Timing CIT as it is both a geometric and Solar CIT. The means 1/18 is both a Time and Cycle Cluster and an important turning point to watch. The MC projected Price magnitude is not always assured, but we get a general idea what to expect. This matches other Cycles I am watching as well.
#1: 1/7-10 High
#2: 1/11 Low
#3: 1/18 High
#4 1/26 Low