Rajacar
Versus 7/27 Actual: We saw an even stronger rally day than expected.
Today's 7/28 Forecast: We see a decline day today.
Let's see how that plays out.
Fri-Mon 7/8-11 Raj T&C Forecast: "If we rally into the 7/8 double Geo CIT, we will see a 7/8 High (#1), we then decline into 7/13-14L (#2) at the 7/13 Solar & Geo CIT and rally into 7/19H+/-1 (#3)"
Actual: Markets unfolded as expected as we made a 7/8H, declined into 7/14L and rallied into 7/20H, +1 TD so far.
Intraday cycle 7/18/22: 1st hour HOD (High of day) to last hour LOD (Low of day)
On Jan 6 2022 and Jan 21 2022, we mentioned the various Time and Cycles, including the 980 TD Cycle looking for a 1/04/22 major swing High.
Evernsince that High, we saw a sharp decline, below long term red Trendline support, which now acts as Make or Break (MOB) Bull Bear TL resistance (1) on the current rallies.
We rallied into this long term trendline resistance at the 6/28 High at 3945.80 SPX, which remains MOB (Make or Break) Bull/Bear resistance to watch.
Conclusion & What's next: The long term MOB Trendline resistance is the Bull Bear divide to watch and we have rallied into 7/8 Time & Cycle cluster and double channel resistance.
From yesterday's post: "Watch 9.40 double time CIT (Change in Trend, ie High or Low) as a short term Low"
We posted on 6/22 that a major Low was due 6/21L+/-1 TD in Crude Oil.
http://timeandcycles.blogspot.com/2022/06/the-666-140-td-crude-oil-cycles.html
The Crude Oil 140 TD Cycle Low bottomed exactly at 6/22L and in the last 4 TD alone, we have rallied a sharp 11%. Brace yourself as the Inflation wave is just at its beginning.
The 666 TD Crude Oil Cycle:
02/12/09L - 10/04/11L - 06/03/14H - 01/03/17H - 08/07/19L - 03/07/22H
666 is the mystery number of the Beast.
Every 666 TD Cycle (see chart) was a multi month major swing Low or High.
The 666 TD Crude Oil Cycle suggests a major multi month High on 03/07/22H.
The 140 TD Cycle of Lows:
10/03/19L - 04/21/20L - 1/02/20L - 05/21/21L - 12/02/21L - 6/21/22L+/-
The 140 TD Cycle of Lows has been intermediate multi week and month Lows.
This suggests the next 140 TD Cycle of Lows due 6/22/22L+/-1 should see a multi week & month rally phase in Crude Oil. This suggests the decline in the stock markets will resume around this time.
Shorter term Geo Time CITs are next due 7/1 & 7/5.
A cluster of major Time CITs are due late August 2023, it might be good to make a note of this date.
Actual: We saw a 6/14L, 1 day rally into 6/15H, before we declined again into 6/17L as expected.
What's next: The current active Master Cycle is a Fortune creating cycle when active. It is next looking for a 6/17 short term Low+/-1, we then rally into XXX short term High, then decline into lower Lows once again.
Meanwhile Bitcoin, the bubble leader, closed lower today. For now, it remains below its large Bear flag and first targets the 18,000 area, then 16600, 13800 and 11,000.
Technically a break below the 78.6% at 18,000 should lead to a test of the 3/2020 Lows at 3858.
All the crazy bubbles we have seen in the last years, will reverse back to “normal” in the coming years. The rule in a parabolic bubble advance is, it doesn't matter how fast it went Up in a parabolic Up move, once the bubble burst, it will come down twice as fast.
We are at major Make or Break red channel support right at the 693 week (green vertical) cycle due in the coming week.
I had a major Time & Cycle Cluster on 6/10 double Geo and 6/11 weekend Solar time as well as 6/13-14 Time Square and now a 6/13-14 debilitated Scorpio Full Moon.I had a couple of Cycles, including a Master Cycle due Monday 6/13/22 as well. I was expecting a major High, but we are forming a major Low instead.
Be prepared for a possible sharp rally afterwards as 6/14 is Fed decision on IR in Option Expiration week, which has an Up bias 72% of the time.
http://timeandcycles.blogspot.com/2022/01/the-334-371-and-556-week-cycles-were.html
http://timeandcycles.blogspot.com/2022/01/10422-time-and-cycle-cluster-high.html
