Friday, August 21, 2015
Raj Time and Cycle Review and Forecast August 21, 2015
Forecast #1: From 7/31 Raj T&C Daily Report: “we should rally into 7/31 geometric CIT Highs and then see another decline into Friday August 7 Lows+/-1 at the 8/6 Geometric CIT.”
Actual: We rallied into a 7/31 High and declined 46.33 SP’s into Friday 8/7 Low
(Forecast #1 on hourly chart, click on chart below to enlarge).
Forecast #2: From the 8/5 Raj T&C Daily Report: “We should decline into August 7 Lows and then rally into 8/10-13 quadruple CIT”
Actual: We made an 8/7 Low and saw a brief sharp 37.44 SP rally to an 8/10 High (Forecast #2).
Forecast #3: From the 8/11 Raj T&C Daily Report: “We were expecting a 8/10-13 High and saw an 8/10 High. We should now see an 8/13 Geo CIT Low (#3)"
Actual: From the 8/10 High, we declined 53.26 SP’s into 8/12 Low (Forecast #3 on chart), 1 TD from the 8/13 Geometric CIT.
Forecast #4 +5: From the 8/11 Raj T&C Daily Report: "From this 8/13 CIT Low, we rally into OE week into 8/19H (#4) and see another decline into 8/21 Lows (#5) at the next 10 TD Low due 8/21L and the next 19-20 TD Moon debilitated Scorpio Moon Cycle 8/21-24 Lows.”
Forecast #4 +5: From last weekend on Sunday 8/16 Update: "I was doing some research last night. Some analogies suggests we could top out as early as 8/17 and the majority as late as 8/19 and start a relatively sharp decline into 8/21-24 Low...The decline after 8/18H+/-1 should be sharp, so be alert.""
Actual: From the 8/12 cycle Low, we rallied 51.38 SP’s into 8/18 High (Forecast #4) at the 8/18 Solar CIT and projected 8/17-19 High and saw a sharp 67.74 SP’s decline into 8/20 Lows so far (Forecast #5).
What's next: We are approaching some major long term 1X1 support at 2025-30 SPX area, so a bounce/rally would be only natural here. We should see an 8/21 Low at the 8/21 double Geometric CIT, see another brief rally, before we retest the recent Lows at the next major Time and Cycle cluster CIT swing Low.
Posted by Raj Time and Cycles at 7:21 AM