From my last blogpost from 7/15: "The Master Cycle (MC) was looking for a 6/29H and a 7/9 major High We saw a 6/29L and a 7/9L instead. An inverted MC suggests a strong rally the next few weeks"
Actual: We did see a rally from 7/9L into today so far and the moment of truth for the inverted MC is if we see an 8/7-10 swing High (Green Lines on chart).
If we see an 8/7-10 High, the MC would again have 3 minimum "hits" (6/29L, 7/9L & 8/10H) to make the MC useful and predictable again and would predict a relative sharp decline afterwards.
8/7-10 Time and Cycle Cluster:
Time Cluster Daily CIT (Change in Trend) due: 8/10-11
8/10 Geometric time CIT
8/11 Solar time CIT
8/12 Geometric time CIT
Hourly Geometric Time CIT: 8/10 at close to 8/11 at Open
Monday 8/10 in the last hour
Tuesday 8/11 in the 1st hour
The 5 min chart has an Apex CIT cluster on Monday 8/10 as well.
Cycle Cluster CITs due 8/7-10
561 CD Cycle due 8/6+/-
19-20 TD Cycle: 8/6-10
30 TD Cycle: 8/10
Conclusion: We are rallying into the 8/7-10 Time and Cycle Cluster at the 8/7-10 Inverted Master Cycle High, suggesting an 8/7-10 swing High being made.
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