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)"
No comments:
Post a Comment