From the 9/12 Raj T&C Weekend Report: "We should see a 9/11L or as late as 9/14L at the 9/12 Solar time CIT, rally into 9/16 Geo Time CIT High, before we decline into 9/22-23 Geo and 9/23 JPTL CIT, targeting the 3200-3230 SPX area"
Actual: We saw a 9/11L (#1 on chart), rallied into 9/16 proprietary Geometric time CIT High(#2) and declined into 9/24 Low (#3) at 3209.45 SPX so far.
What's Next: From the 9/23-24 most recent Updates: "Swing traders that were short from 9/16 Geo time CIT High, should take some profits yesterday and today as we are in the window of the 9/24-28 cycle Low."..."The 9/22-23 double Geo & Apex CIT could have seen a 9/23L, but more likely we saw a 9/23H and reversal lower and we are now down in a sharp C wave into 9/28-29L at the 9/26 Solar weekend and at the 9/29-30 triple Geometric time CIT. Support remains 3200 SPX+/-20, but any decline below 3182.60 SPX confirms a larger C wave decline targeting 3100 SPX area. "
1 comment:
Nice call Raj...
I think you'll be right on the "9/29-30 triple Geometric time low" as well (possibly off by one day) as I think we are going down some on 9/30 but bottom on 10/1, which could be into the low 3200's, but I don't see the current lows on the ES or SPX getting taken out.
https://twitter.com/reddragonleo/status/1311024063289208835
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