http://safehaven.com/article/41267/a-potential-mini-crash-wave-is-on-the-horizon
In my last public blog post a few days ago, I was looking for an 4/26 Geometric CIT Low, that was either the 4/25 Low or it could be inverting to an important 4/27 swing High instead.
In my last public blog post a few days ago, I was looking for an 4/26 Geometric CIT Low, that was either the 4/25 Low or it could be inverting to an important 4/27 swing High instead.
To get the Timing right, I use my proprietary Timing Change
in Trend (CIT = High or Low) dates
that are either exact or +/- 1 day, below are the most recent ones
(as mentioned at http://timeandcycles.blogspot.com/
in the past)
Time CITs:
- 4/13 Time Square CIT => 4/12L
- 4/20 Geometric and Solar CIT => 4/20H
- 4/26 Geometric CIT => 4/25L or 4/27H?
The 4/26 Geometric Time CIT was
either the 4/25L@ 2077.52 SPX or
4/27H@ 2099.89 SPX.
If we decline
below that 4/25L, then the 4/27 High gets confirmed as the 4/26 Geometric CIT
and if we rally above the 4/27H, then the 4/25L gets confirmed.
Cycle CITs:
I have been following an active Inverted cycle in my newsletter, ever since the 2/11/16 major Low. An Inverted cycle means it is a historical
cycle that is predicting exact future Highs and Lows, within 1-2 days, but
inverted, meaning a past High is predicting a future Low and a past Low is
predicting a future High.
This dominant inverted
cycle (red vertical lines on chart) has seen 9 “hits” and 1 miss:
- 2/11L
- 2/24L
- 3/4H
- 3/11L(-1)
- 3/17H (miss)
- 3/28L(-1)
- 3/31H(+1)
- 4/12L
- 4/22H (-2)
- 4/26 Low or High?
At any point this inverted cycle can invert back to a
“straight” cycle and that may be the case at the inverted cycle’s projected 4/26L
may have inverted to an 4/27H. The next few days will make that clear.
Why is that important? Because if we did see an 4/27H, then that
same cycle now suggests a mini Crash wave is on the Horizon and that historical Crash Low date
was on one of Carolan’s infamous Dark Days.“The lunar dates 7-27
and 7- 28 are the “dark days, ” encompassing the various Black Tuesdays of N.Y.
in 1929 and Hong Kong in 1997, and the Black and Blue Mondays in N.Y. in 1987
and 1997 respectively. In each case, lunar date 7-28 marked the end of the
panic and the next two days, 7- 29 and 7-30”
(More information at http://docs.mta.org/docs/1998DowAward.pdf)
What is interesting here, is the current date I have for the
possible mini crash Low is directly
linked to those dark days! (Yellow
projection line on chart does not give the exact date) That date is also a Major Time and Cycle
Cluster as it has 2 Time Squares CITs, the dark day CIT and several cycles all suggesting
a Major CIT on that date. Caveat: If
that date is not the mini crash Low, it will be the High to get short for a
sharp 150+ SP decline afterwards. In
any case, it should be an important turning point to watch in the markets.