Friday, January 30, 2015

A Mini Crash wave is on the Horizon

http://www.safehaven.com/article/36542/a-mini-crash-wave-is-on-the-horizon


Review: In my 1/12 public post, I was looking for a Jan 14 swing Low.

Forecast #1 from the Raj T&C 1/16 Weekend Report: “Jan 16 is a double bottom with the Jan 14 Low at 1988 SPX and we should see a rally into Monday Jan 26.”

Actual: We made a Jan 14-16 double bottom as expected and rallied a sharp 76 SP’s to a Jan 22-23 High, 1-2 Trading Days from the projected Jan 26 High.

Forecast #2 from the 1/23 Raj T&C Email: “We should decline into 1/28 Low at the 1/27 Solar & 1/28 Apex CIT”
Actual: We declined into 1/29 Low, 1 Trading later



Forecast #3 from the 1/28 evening Raj T&C Email: “Short term, tomorrow, 1/29, after perhaps an early lower low, we will see a retrace rally and see a 1/29 High. The Fed decision was bearish today and suggests lower lows. Today confirms that cycles are lower into 1/30-2/2 Lows at the 2/2 Geometric CIT”

Actual: We made a 1/29 lower Low and saw a 35 SP intraday reversal rally into 1/29 High. We have declined sharply this Friday morning Jan 30.

What’s Next: We should see a Feb 2 swing Low. If we decline below 1988 SPX, we will see a fast drop to test the Dec 16 Low at 1972.85 SPX and this decline below 1988 SPX opens the Trapdoor to Hell for a Mini crash wave in February on the basis of a Crash pattern that is being followed very precisely. First, however, after the 2/2 Low, we should see yet another rally to another swing lower High. It is good to be on the right side of this move at the right time, be prepared.

10 comments:

THE LEVERAGED TRADER said...

Thanks for your forecasts. After Feb. 2, do you expect a rally above or below of your point marked as a 3?

Raj Time and Cycles said...

Hi LEVERAGED TRADER, it could well be above that point.

THE LEVERAGED TRADER said...

Thanks Raj. I was expecting a filling of the gap left on January 27, but yesterday's drop it wasn't expected. Is there a possibility of filling the gap before the february mini crash?

Raj Time and Cycles said...

The coming rally could be stronger than expected

Topher said...

Thanks Ian. Great work. Any chance you can tell me if the next swing high you are looking for is Feb. 9-11?

Raj Time and Cycles said...

Topher, that is reserved, my next public update is after the crash wave occurs

Jim said...

I am a multi year subscriber to Ian's Time and Cycles Daily update. This note is just to let anyone considering a subscription, that I find Ian's work to be both viable and actionable. Today's 02-02 call for an upside reversal off an intraday Low is most recent example of a timely call. Congratulations again Ian on a great call. And thank you most sincerely for sharing your work.

Raj Time and Cycles said...

Thanks Jim, sometimes it is like clock work, a snipers dream.

Be Careful said...

No mini crash wave, as it were. False.

Raj Time and Cycles said...

Yes, Mini Crash did not manifest.