http://www.safehaven.com/article/31061/times-and-cycles-review-and-forecast
In my last blog post, I was looking for a decline into 8/16-19 CIT (change in trend), which was a miss as we declined beyond that date.
Forecast from the 8/29 Daily Email (2 weeks ago): "The 8/23-24 Solar time Change in trend (CIT) became a Monday 8/26H. Shorter Term: We decline into 8/28-30 Solar CIT Low, then rally into 9/5 or 9/11 Solar Time CIT lower Highs.
There was also an 8/29-9/2 Time and Cycle (T&C) CIT Cluster.
Time Squares from 7/18/06 major Low have a long history of accuracy:
7/18/06L + 50 Squared Days = 5/22/13H
In my last blog post, I was looking for a decline into 8/16-19 CIT (change in trend), which was a miss as we declined beyond that date.
Forecast from the 8/29 Daily Email (2 weeks ago): "The 8/23-24 Solar time Change in trend (CIT) became a Monday 8/26H. Shorter Term: We decline into 8/28-30 Solar CIT Low, then rally into 9/5 or 9/11 Solar Time CIT lower Highs.
Actual: The
8/29 Solar time CIT was the 8/28 Low. The 9/5 Solar and Geometric time CIT was
the 9/6 Low and we are now rallying into the 9/11 Solar time CIT. The
proprietary Solar Time CIts continue to be highly accurate.
There was also an 8/29-9/2 Time and Cycle (T&C) CIT Cluster.
Time Squares from 7/18/06 major Low have a long history of accuracy:
7/18/06L + 50 Squared Days = 5/22/13H
7/18/06L + 51 Squared Days
= 8/31/13 => 8/28/13L.
Time Squares from 4/26/10
major High also had plenty of hits.
4/26/10H + 33 Squared Days
= 04/19/13L
4/26/10H + 34 Squared Days
= 06/25/13L
4/26/10H + 35 Squared Days
= 09/02/13 => 8/28-30L.
Furthermore, we had a 55
week, 89 TD Cycle, 23 & 45 TD Cycle that became the 8/28/13 Low, which was right at the 11/16/12L- 6/24/13L trend line
and down channel support.
What’s next: We broke above the daily down channel and 8/26 last swing High, which is bullish. We should now
rally into the 9/11 Solar time CIT, decline into the 9/13 geometric time CIT and
rally into the 9/18 Solar CIT and make a lower or higher High. Make or break resistance above is at 1692 SPX, which is both the 78.6%
retrace and Trapdoor resistance. A rally above that will lead to a retest of
the 8/2 all time Highs.
5 comments:
Everyone is predicting a decline into the 1st week of Oct. or Nov. including the Elliott Wave theorist where SPX is supposed to go down to 1,580 odd. Do you see the same decline?
I tend to shy away from what everyone thinks as that usually turns out to be wrong, we'll see.
Hi Raj,
Based on your study we get a pullback
thursday and friday this week?
Sylvia
the market is currently over brought
Hi Silverlady, that is the idea, we decline into 9/13L+/-1
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