From the 2/28 Raj T&C Daily Email: "The Master Cycle is suggesting that either this late February Low or the upcoming 3/12 Low will be the Low of the Year, even though Price magnitude is not a guarantee with the MC"
Actual: The markets declined into 3/13 lower Low at 5504.65 SPX, reaching our 5500 SPX Target at the 3/12 T&C cluster SPX at the 3/12 Solar, Geo and 33 TD SPX Cycle.
Tesla also had an important 3/12 Time & Cycle cluster, with a 3/12 double long term Tesla Geo time CIT and Tesla's 37 TD and 104 TD cycle due 3/12+/- that saw the 3/11L at 217.02.
What's Next?: The MC suggests 3/13/25L as the possible Low of the Year, but as mentioned, Price Magnitude is not a guarantee with the MC. First we need further confirmation that the Lows are confirmed in, then we look at the many other Time & Cycles techniques to confirm.
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
Stocks, Options and Futures involve risks. Trade at your own risk.
No comments:
Post a Comment