http://safehaven.com/article/40374/raj-time-and-cycle-review-and-forecast
Review: In my January 22 blog post, I said: “If History is any guidance, we should see a major crash Low between 1/20 and 1/26. There are some indications that 1/20/16 was that major Flash Crash Cycle Low, but we need to close solidly above the steep down channel to confirm that.”
Review: In my January 22 blog post, I said: “If History is any guidance, we should see a major crash Low between 1/20 and 1/26. There are some indications that 1/20/16 was that major Flash Crash Cycle Low, but we need to close solidly above the steep down channel to confirm that.”
Actual: We closed
above that steep down channel on 1/22, which confirmed 1/20/16 as the major
mini crash Low.
From the 1/20/16 Raj T&C Email: “The current cycle bias is
from a 1/19L, we rally to a 1/22H and then decline into 1/27 lower Lows.
Actual: We made a 1/20L, 1 day later, rallied to a 1/22H (#1 on chart) and
decline into a 1/27L (#2 on chart)
From the 1/25 Raj T&C
weekend Email: “The
cycle bias is we made a 1/22H at the 1/22-23 CD to TD, Square, Over flight CIT,
then decline into 1/27 Solar and
T&C Cluster Lows, which should be a higher Low. From there we rally into a 2/2 High and then decline into 2/5 Low.
Actual: From the 1/27 Low, we rallied into 2/1 High (#3), 1 day earlier, and we saw
a decline into 2/5 Low (#4) as expected.
What’s Next: We make a 2/5 Low+/-1 and see another
rally phase.
4 comments:
At 1886 The SPX seems to have violated the up channel support.
Looks like we will see a last hour Low
I've have followed you for awhile but it seems on the free part it's a hit or miss. However I hope today your plus one day is the bottom. But it's a long way to even for today!!
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