From our 5/17 T&C Daily Email: "The current bias is 5/15 triple CIT was the 5/15L gap Low Open retest Low and we rally into 5/21-22H at the 5/21 Solar and 5/22 Geo Time CIT. From there we decline into XXX"
Thursday, May 23, 2019
Review of various Time and Cycles
The 5/1 triple Top was a T&C Cluster High that should be the swing High for a number of weeks and months.
Next was the 5/13-15 T&C Cluster Low (A on chart), which held the 50 DMA and the pink triple Top turned support.
5/15 Quadruple Geo Time CIT
5/14: 47 CD Cycle: 9/21/18H -47-11/7/18H -49-12/26/18L -47-2/09/19L -45-3/28/19L-47- 5/13L
5/15: 94 TD/20 wk Cycle: 6/29/17L-96-11/14/17L-92-4/2/18L-95-8/15/18L-91-12/26/18LL-92-5/13L
Actual: Since the 5/13-15 Low, we have seen a choppy contracting triangle B wave rallying into our projected 5/21-22 solar and Geometric CIT Highs (B on chart).
Posted by Raj Time and Cycles at 6:12 AM