Friday, June 9, 2017
From 6/2 last public blogpost: "If we see a sharp decline afterwards, then the odds increase 6/2-5 was a major High, but if the decline is mild, we could see higher Highs later in June"
The decline from 6/2H has been mild, so we should see higher Highs later in June.
The market made higher All time Highs this morning 6/9, invalidating the importance of the 6/2H. We are still looking for a major High in June, followed by a sharp 10%+ Flash Crash decline afterwards.
Posted by Raj Time and Cycles at 9:01 AM