The Master Cycle (MC) (click on chart to enlarge) became active again on 11/1/10 and it predicted: 11/1L, 11/09H, 11/16L, 11/26H, 11/29L, 12/6L, 12/8H, 12/9L, 12/13H, 12/16L, 12/28H, 12/29Lnext High is on:
Friday-Monday 1/7-10 High
The MC does not see this as a final High, but as the next swing High. This is supported by the next Astro CIT on 1/7/2011, when Mars will leave Rahu (The Moon's North Node, which causes eclipses) and the Sagittarius House and the 1/9/11 Solar CIT.
If we do see a 1/10 High, we should see 1/11 as a large down day.
Stock market forecast 2011: The MC suggest we see a January High, but generally we should see a strong 1st Half year in 2011 and weaker in the 2nd Half of the year.
10 comments:
Big fan here of your cycle work... thanks much for sharing. Something I've been watching as of late is the 30 yr bond($USB on stochcharts.com). On a weekly chart the bond is revisiting the 200 day moving average again. Here I see support and a set up for possible reversal... maybey soon enough to pull stocks lower. Let's see...
Regards,
J
Thanks John,
Highs are in.
Banks Are Tanking After Suffering A Big Loss At The Massachusetts Supreme Court
Read more: http://www.businessinsider.com/bank-of-america-ibanez-case-2011-1
Raj,
Here is my note from Parker's blog. I do have another question at the bottom of this too.
Raj,
This has a different look to early August, but I think you were looking for a cycle high around August 6, then it popped up 1 day before a big decline. I also think something similar happened in January of 2010, when it went down for a few day before reaching a high on Jan. 19 about equal to Jan. 11.
So that is why I was asking about a potential up day (that could be in the 1275 area) for the S&P on Monday. May not happen, but we may get a counter trend day on Monday to the last 2 days. Also, the S&P futures haven't had 3 down days in a row since September.
I see your CIT is scheduled for a high...so I am assuming it can come in Monday as well and that wouldn't be odd since you tagged both today and Monday as CIT highs.
Raj,
This has a different look to early August, but I think you were looking for a cycle high around August 6, then it popped up 1 day before a big decline. I also think something similar happened in January of 2010, when it went down for a few days before reaching a high on Jan. 19 about equal to Jan. 11.
So that is why I was asking about a potential up day on Monday (that could be in the 1275-1280 area) for the S&P on Monday. May not happen, but we may get a counter trend day on Monday to the last 2 days. Also, the S&P futures haven't had 3 down days in a row since September.
Also, I assume since your CIT is a high it would be fine if Monday was higher than today's high. Just wanted to make sure this CIT isn't a low...as on the charts you could make that case as today making a low and we head higher.
I guess my question is what level above the current high (or Monday if higher) would invalidate this CIT as a high...and could really be viewed as a low.
Thanks and love your work.
Fred, yes Monday should see another high, ideally in the 1st hour or so
It is possible that the 1/10 High I was looking for came today and the reversal down day comes tomorrow
Raj would you agree that high was actually a low or are you still looking for it?
My view of the MC was incorrect.
The MC in Calender Days was more correct as it had 1/10 as a Low, instead of 1/11 in Trading days, so we are still in a rally phase, next target is 1290-1300 SPX
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Thanks sonic trades,
I am not sure what you are referring to, but I post on this public blog regularly.
The 2012 Master Cycle forecasts has been reserved for subscribers.
Regards,
Ian
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