The 1/26 Master Cycle (MC) Low is still expected, although it could only be a double bottom or higher wave C Low (Click on chart to enlarge), with the 1/20 Low and even though we did not see a sharper decline, the MC remains valid, as Price magnitude is never a guarantee with the MC Time Series that only predicts a 1/26 Low.We also have a matching double geometric (70-80 % accurate) timing Change in Trend ( CIT) due on 1/26-27 and a Solar timing CIT (84-90% accurate) also due on 1/26-27.
If we decline into 1/26-27 CIT, which remains the current bias, then 1/26-27 will be a Low and the MC remains ontrack.
If we rally into the 1/26-27 CIT, then the 126-27 CIt will form an important swing High and the MC will be incorrect and be put "on hold", until it becomes active again.
5 comments:
I guess you throw it out as the dow hit new highs on 1/26 low date. So did the SPX.
Is that right?
If we rally into the 1/26-27 CIT, then the 126-27 CIt will form an important swing High and the MC will be incorrect and be put "on hold", until it becomes active again.
Looks like this statement may be what is taking place right now.
Quality stocks,
There are 2 things I am watching, Cycles and Timing:
1. The Master cycle (MC) had a 1/26 Low, which may have been the 1/25 higher Low.
2. The 1/26-27 Timing CIT, indeed we have been rallying into these dates suggesting a short term High is forming. We need to wait until today 1/27 to give the final verdict on this.
If this timing turning point does suggest a High, then this is in direct contrast with the suggested MC 1/25 Low.
Most of time these 2 (Cycles and Timing) are crystal clear when they support each other, at other times, when they are in contrast with each other, we have to wait and see a day or two as to what happens afterward.
The 1/26-27 CIT is a confirmed HIGH
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