A potential mini crash wave is on the Horizon

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.

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:

1. 4/13 Time Square CIT => 4/12L
2. 4/20 Geometric and Solar CIT => 4/20H
3. 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:

1. 2/11L
2. 2/24L
3.  3/4H
4. 3/11L(-1)
5. 3/17H (miss)
6. 3/28L(-1)
7. 3/31H(+1)
8. 4/12L
9. 4/22H (-2)
10. 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.