http://safehaven.com/article/42482/raj-tc-review-and-forecast
Review: From my last 6/24 public blogpost, I was looking for a 6/24-27 major Low.
Review: From my last 6/24 public blogpost, I was looking for a 6/24-27 major Low.
Actual:
6/27 was a major Low, from where we rallied a whopping 202 SP’s into 8/15/16
High. The dominant cycle stopped working after some time and the market has
been stuck in a 2 month long choppy trendless sideways channel, probably due to
the Summer Doldrums, but that is about to end.
Even though we got stuck in
this 2 month sideway channel, the Solar and Geometric Time CIT (Change in
Trend, High or Low) dates continue to work with a high degree of accuracy:
Our
proprietary Time CITs:
- 6/27 Geo CIT =>
6/27L
- 6/30 Geo CIT => 7/1
High
- 7/3 Weekend Solar CIT
(7/1-5) => 7/1 High
- 7/7 Geo CIT => 7/6L
- 7/18 Solar CIT =>
Miss or 7/15L
- 7/22 Geo CIT => 7/22H
- 7/26 Geo CIT => 7/27L
- 7/30 Solar CIT =>
8/1H
- 8/11 Solar and 8/11 Geo
CIT => 8/10L
- 8/12 Friday Geo CIT is
Monday 8/15H
- 8/18 Solar and Geo CIT
=> 8/17L
- 8/23-24 Solar and Geo
CIT => 8/23H
- 8/30 Solar CIT &
8/31 Geo CIT => 9/1L
We have a Time and Cycle cluster due in the 1st weeks of September.
Time CITs:
1. 9/6 Geo CIT => 9/7H
2. Calendar Days to Trading Days
CIT due on: 10/4/11L+1240 CD = 2/15/15H, +1240 TD = 9/7H.
3. 144 TD Inverse Cycle: 7/20/16H =2/12/16L-1, 12/2/15H
=6/29/16L-2, 1/20/16L =8/15/16H and 2/11/16L = 9/7H
2. 9/12 Solar and 9/12-13
double Geometric CIT
Cycle CITs:
1. The 47 TD Cycle
of alternation of Highs and Lows
(Blue lines in SPX Daily) suggests a 9/1L or 9/7H:
9/29/15L-45-12/2/15H-48-2/11/16L-47-4/20/16H-47-6/27/16L-47- 9/7/16H
1. 290 CD/41-42 week Cycles: 5/10/06H
-290-2/24/07H -290-12/11/07H-291- 9/27/08H -284-7/8/09L-292- 4/26/10H-298-
2/18/11H-280-11/25/11L-294- 9/14/12H -283
-6/24/13L-291-4/11/14L-297-2/2/15L -287-11/16/15L-290-= 9/01/16 +/-7-8 CD
SP declines averages 107 SP’s in the 290 CD cycle:
(larger declines in 2007, 2008 and
2010 were not counted)
107 (05/10/06H-06/14/06L),
094 (02/22/07H-03/14/07L),
087 (06/11/09H-07/08/09L),
095 (02/18/11H-03/16/11L),
134 (10/27/11H-11/25/11L),
131 (09/14/12H-11/16/12L),
127 (05/22/13H-06/24/13L),
083 (04/04/14H-04/11/14L),
112 (12/29/14H-02/02/15L),
097 (11/03/15H-11/16/15L),
2. The NDX 66 week cycle is
due 1st week of September+/-, which should be a major High.
Conclusion: We have been stuck in a 2 month boring, choppy sideways channel, but
any solid break of that channel support at 2165/ES or 2167 SPX will be a CIT. I
had a Time and Cycle Cluster due in the 1st week of September and 2
timing CITs for that to occur: 9/6-7
or 9/12. The 9/7 High is looking
good right now.
2 comments:
that's it, we make new high from here.
very good job , Raj
I agree with your comments.
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