In our last blogpost, we were looking for an 10/23 lower High.
From 10/23 Raj T&C (Time & Cycles) Daily Email: “The 10/24 weekend Solar time CIT (Change in Trend) sees an 10/23-26H, decline into 10/27 Geo Time CIT, brief rally into 10/29 Geo time CIT and decline into 10/30-11/2L at the 10/31 weekend Geo time CIT”
Actual: From
the 10/23 swing High, we declined into 10/28-29L (#1 on chart), saw a brief bounce into
10/29H (#2) and declined into 10/30 (#3) swing Low.
From 10/31 Raj T&C weekend Report: “Statistics suggests an 80-85% probability we see a 11/4 close > 3391-3401 SPX. From 10/30-11/2L, we see a volatile rally into 11/6-9H at the 11/7 Solar time CIT”
Actual: From the 10/30 swing Low, we are seeing a sharp rally above 3401 SPX into 11/5 (#5) so far. The sharp rally above the 10/23H makes any crash wave unlikely.
What’s Next: We should make a 11/6-9 swing High, before the next decline. There are 3 more important T&C Clusters remaining in November that should be crucial to watch in the coming weeks.
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