Tuesday, January 25, 2011
Trading the 1/26 Master Cycle Low
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.
It is that simple and that is the way to trade the 1/26 time and cycles date.