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.
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