SPX 11/21 Review and Forecast

From the 11/10 T&C blogpost: "What's next for SPX?: We could see a spillover High Monday 11/11, but we are looking for atleast a short term 11/8-11H, decline, but another rally is due into a more important long term Geometric time CIT (the last one was the 10/14-17H) later this month that will be a major swing High"

From 11/10 T&C weekend Email: "Ideally we see a 11/8-11H and see a brief pullback into 11/14L+/-1 at the 11/14 Solar and Tesla Geo and 72 TD cycle of Lows, before we rally into 11/21 long term Geo time CIT " 

Actual: We made a spillover 11/11H that saw 5 waves Up (#5 on chart). The next 10 TD & 72 TD cycle Low was due 11/14L+/- at the 11/14  Solar CIT was the 11/15L (A). We have since rallied into today's 11/21 long term Geometric time CIT. As the 11/21 is a long term Geo time CIT (B), it could be a few trading days off, before the C wave decline starts, watch the intraday cycles for suggestive clues. The last long term Geometric time CIT was the 10/14-17H.

What's Next?: We make a 11/21 High +/- few days, and start a sharper decline.

Bitcoin near Long term Highs on the weekly log chart

 Bitcoin near Long term Highs on the weekly log chart

Review & Forecast Bitcoin & SPX

In my 10/12/24 blogpost, I mentioned that "BItcoin made an 10/10 Apex CIT bottom at 58,864"

It has since rallied > 21,000+ points to fresh All time Highs, touching 80,000 in Globex tonight, 

a 36% Increase.

So what's Next for Bitcoin? The weekly Bitcoin Log chart suggests we are right at pink channel resistance, suggesting a pullback is likely, but all trends are Up.

SPX Forecast 1 from that same 10/12 weekend public blogpost, we were looking for a Friday-Monday 10/11-14 SPX swing High (#1 on above chart) at the long term Geometric time CIT.

SPX Forecast 2 from 10/23/24 Email: "We should see a final decline into 11/4-5 major T&C (Time and Cycle) Cluster Low (#2 on chart), including 11/4-5 triple Geo and Apex CIT (see chart) and the 208 week cycle of Lows (last 4 were Lows)"

Actual: We made an 10/14-17 SPX double Top (#1), declined into 11/4/24 major swing Low (#2) and have seen a rare 4 consecutive Gap and Go SU Days into 11/8H (#3 on chart) at the 11/7 Solar and 11/8 Apex CIT, suggesting a 11/8-11H being made.

What's next for SPX?: We could see a spillover High Monday 11/11, but we are looking for atleast a short term 11/8-11H, decline, but another rally is due into a more important long term Geometric time CIT (the last one was the 10/14-17H) later this month that will be a major swing High. 

Disclaimer

The contents of this article are for general information and educational
purposes only and should not be construed as investment advice or
strategy. Past performance is no guarantee of future results. Trading in
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