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.