Mini Crash Cycle and Tunnel Price Target

 

From 1/14 (10 days ago) Forecast Update: "The potential crash cycle I am watching had 1/13H and the crash wave is into XXX major Low."

Actual: We are seeing the largest decline since 3/20/20L, from 1/04/22 major Time and Cycle cluster High (see previous blog posts), we have declined 546.83 SP's and counting so far today, which is what the mini crash cycle suggested, which remains active and suggests the decline continues. 

The 1/04/22 Time and Cycles Cluster High got additonal confirmation by slicing through the 10/4/21 Low at 4278 SPX, opening the door to an even sharper decline.

There is now a proprietary Brock's Tunnel Price target of 4216.04 SPX. This doesn't mean we can't go lower ofcourse.

The mini crash cycle had a 1/4/22H, 1/10L, 1/12H, 1/18L and an intraday 1/19H and a close near its Lows, which we saw 1/20, before the decline continues into  XXX major Low.

6..45 pm Update:  This was in last night's email and this morning's Update:

"Technically, we have declined into 1/24 Bitcoin, 1/24 RUT & 1/24 Midpoint MeR&D CIT, suggesting a short term 1/24L, so be ready to TMAR (Take the Money and Run)"

1/21/22 Intraday Time and Cycles Forecast Versus Actual

Intraday Time Forecast: 1/21/22 Intraday Time Change in Trend (CITs, High or Low) are +/-5-10 min and are 80% accurate: Open, 9.50, 11.20, 1.10 pm Eastern.

Current Bias: "We see an Open 9.30 Low, rally to a 9.50 High, decline & rally to a 11.20 High and another 1.10 pm High"

Actual Time CITs: 9.35H, 9.50H, 11.25HOD, 1.15H

Intraday  Cycles Forecast: "Intraday Cycle are the Pink lines: 

(9.40H), 10.20L, 11.15H, 12.30L, 2.00H, 3.40L

The intraday cycle sees a 9.40H at the 9.50 time CIT, decline to a 10.20 cycle Low+/-30, rally to a 11.15 cycle High at the 11.20 time CIT, decline to a 12.30 cycle Low at the 1.10 time CIT, rally to a 2.00 cycle High+/-30, decline to a 3.40 cycle Low+/-30 min."

Actual Cycle: 9.35H, 10.25L, 11.25HOD, 1.00L, 1.15H, 3.30LOD

1/04/22 Time and Cycle Cluster High

 

Tom Mahoney from https://www.timesymmetry.com/index.htm,  who is also on the T&C Forum (https://groups.io/g/Timeandcycles) has his dominant 1422 CD (Calendar Day) Cycle (see chart above), which was again due 1/9/22. 

980 TD (Trading Day) Cycle: 9/1/98L-977- 7/24/02L - 980- 6/14/06L -980-6/5/10 Flash Crash - 1955 (2X 977.5) - 2/9/18L -982- 01/04/22H

What was interesting is that his 1422 CD Cycle is a 980 TD+/-3 TD Cycle that was the 1/04/22H. This in addition to the cluster of 334, 371 & 556 weekly cycles that was the 1/04/22H, mentioned in early January 2022, giving it more importance. Yesterday we closed below the Trapdoor to Hell support, which was final confirmation that the above cluster of cycles are valid.

The NDX is already below their Trapdoor and 1 1/2 year channel support.

The Russel 2000 is not only below its red Trapdoor channel support, but also below its 200 DMA and its 360 DMA.

Bitcoin topped out at the 11/5-8 T&C Cluster, which included the 75 week Flash Crash Cycle and has been in a red down channel eversince.

1/21/22 Intraday Time Change in Trend (CITs, High or Low) are +/-5-10 min and are 80% accurate: Open, 9.50, 11.20, 1.10 pm Eastern.

Bottomline: Markets have given additional evidence that 1/04/22 was an important swing High and we are headed sharply lower over the short term.

At long term channel support, will it hold?

 

Long term Green channel support was tested today in both the NDX and SPX, which is good for a short term rally, but will this channel support hold?

The 334, 371 and 556 week cycles may have been the 1/04/22H

The 334, 371 and 556 week cycles may have been the 1/04/22H