We have been sideways since the 11/5-8/21H, which remains the All time Highs (ATH) in many indices and market leaders like the Russel, Bitcoin, Ethereum, and Tesla. The Dow made marginally fresh ATH on 12/30 and is at a potential double top with the 11/5-8H.
There is a 334 week cycle due 12/24/21 week+/-, although it only has 3 hits so far.
The Master Cycle is now active again and will guide us in 2022.
The market bottomed at the 12/20 T&C Cluster Low at the 12/20 Apple, 12/21 double SPX Time CIT and 10 TD Cycle Lows and we are rallying as expected into the next T&C Cluster.
Merry Christmas 🎄 🎁 and Happy Holidays to all 🙏🏼
We declined almost 100 SP's in the last 2 days, since the 12/10 High.
It baffles me that these geometric mathematical formulas to find CITs continue to work even today. I frankly don't know why they work, just that they do 70-80% of the time, ie 20-30% don't work.
http://timeandcycles.blogspot.com/2021/12/forecast-1-short-term-1213-swing-high.html
11.20 am Update: We got our 9.30H and our expected decline into 11.15 Low so far. The 11.00 CIT (High or Low) was a 10.55H.
The following short term forecast is speculative and for Entertainment purposes only, do trade at your own risk.
All trends are Up as we recently bottomed at the 49 Trading Day (TD) Cycle of Lows (see Emini SP chart below), we are generally higher and surprises will be to the upside.
We have rallied into Friday 12/10 SPX proprietary Geometric* time CIT (change in Trend) and into Monday 12/13 Apple Geometric time CIT, suggesting a short term 12/13 swing High is being made. We need a reversal and close lower to confirm a 12/13 swing High is in.
The intraday cycles are suggesting a possible spillover rally Monday in the 1st minutes, before we reverse lower.
Intraday CIT times to watch, all /-5-10 mins are: 11.00, 11.30 and 1.10-15 pm Eastern.
Speculative Intraday Times and Cycles Bias: The current bias (but that can change quickly) is 11.00 will be a Low, 11.30 will be a High and 1.10-15 pm will be a Low. So if we get an opening 9.40H+/-, we decline into 10.20-11.00 Low (Speculative), rally to a 11.30H+/-, decline to a 1.10-15 pm Low. We see a last hour Low.
Bitcoin, the bubble leader, remains weak and closed lower Friday, below key pink channel support. We are declining into 12/13 Geometric time CIT, suggesting a short term Low.
* Notes: We use 2 proprietary Time CITs (Change in Trend) that are unique to our Raj T&C Daily Email newsletters.
1. Geometric time CITs are +/-1 Trading Day (TD) and are 70-80% accurate (20-30% will not work).
If we rally into a Geo time CIT, it suggests a High being made +/-1 trading day (TD).
If we decline into a Geo time CIT, it suggests a Low being made +/-1 trading day (TD).
2. Solar time CITs are +/- 1 TD and are 80-90% accurate (10-20% will not work).
The current rally forecast was posted in the evening of 12/7 for subscribers and also the decline and cycle Low that follows it.
Folks as this is a season of Giving, I will post what our T&C research suggests is the next Cycle High and Low, if I get 300 likes on this blog and on https://twitter.com/TimeandCycles
So far, the Friday 11/19 Lunar Eclipse topped this market on Monday 11/22H and we bottomed on Friday 12/3L at the 12/4 Solar Eclipse.
In my post from 11/8/21, I stated: "We rallied into long term channel resistance at 2720-50 SPX and into the 18 wk and 75 wk Flash Crash cycles due to top out now or in the coming week+/-"
The actual results are as follows:
What's Next?
A few weeks ago, we were looking for a Nov. 22 high and a decline into the next 'Time and Cycle Cluster Low,' which appears to still be in progress.
