Friday, June 10, 2016

The dominant Cycle 6/10 major High of the month +/-2

In my last public blogpost, I was looking for a 5/27 high +/-1

From the 5/30 Raj T&C Weekend Email: “The dominant cycle suggests we are generally higher into 5/27-31H at 2100+ SPX. It then suggest a few days pullback into 6/1-2L at the 6/1 Solar and 6/2 Geo CIT, followed by another rally into 6/10H, retesting the 5/20/15 ATH at 2134.72 SPX”

Actual: We rallied into a 5/31H,1 day from the 5/27H, declined into 6/1 Low at 2085.10 SPX, chopped for 2 days into 6/3 double bottom, before we rallied into 6/8 High at 2120.55 SPX so far. The Cycle High may have arrived 2 days earlier. Normally the cycle is exact or off by 1 day and at one other time at the 4/22 High, it was off 2 days. Swing traders that were long from the 5/19 Low at 2026 SPX made 60+ SP’s profits today, which is $3000/Emini Contract (each mini SP is $50/point) and those that just went long from the 6/1L at 2085 SPX made 17 SP’s or $850/Emini contract today.

The dominant cycle saw 14 “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), 4/27H, 5/4L, 5/6L, 5/12H (-2), 5/19L, 5/27H, 6/1L

What’s Next: We make a 6/10+/-2 major swing High of the Month and start a volatile decline. The dominant cycle is a historic cycle that predicts exact Highs and Lows +/-1-2 days. The cycle suggests to be prepared for some large volatile swings, both Up and down in the coming weeks.


Jaswinder mann said...

Is it possible that the master cycle inverses and makes a bottom on 10 / 13 June and moves higher - quickly.

Raj Time and Cycles said...

Everything is possible, but it hasn't inverted yet, so the odds are good we topped out on 6/8H