Thursday, January 6, 2011

Stockmarket forecast 2011 and the next Master Cycle High

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, 12/29L

  
next 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.


The daily Banks Index (BKX) (click on chart to enlarge) has been in a bullish Up channel, ever since the 3/6/09 Lows. We made a 11/23/10 channel Low and have rallied strong ever since. The Banks are bullish above and bearish below this Key Channel support Line, which is at 45.80 today. The Banks have been moving sideways for the last couple of months and have started to expand on the upside. The Banks have been relative weaker to the other indices and should be watched closely. We tested Long Term 12/31 yearly support and the 8/31 yearly Lows at 42.70 on 8/25/10.


10 comments:

John said...

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

Raj Time and Cycles said...

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

Fred said...

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.

Fred said...

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.

Raj Time and Cycles said...

Fred, yes Monday should see another high, ideally in the 1st hour or so

Raj Time and Cycles said...

It is possible that the 1/10 High I was looking for came today and the reversal down day comes tomorrow

Mouth said...

Raj would you agree that high was actually a low or are you still looking for it?

Raj Time and Cycles said...

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

SonicTrades said...

It has a significant meaning and It is a inspiring post . Thanks for sharing the information.Would love to read your next post too.Please Give ur opinion about technical analysis in share market tips ? …. Thanks

Raj Time and Cycles said...

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