Tuesday, February 2, 2021

Last gasp rally phase?

 



We have had some wildly volatile couple of weeks recently.

From the 1/29 Raj T&C Update: "The 1/27-28 quadruple time Cluster was a 1/26H and a possible 1/29L today... The 39 TD Cycle in the Emini SP (see chart) suggests a 1/29-2/1L".

Actual: We made a 1/29L in the SPX Cash and 2/1L in the Emini SP futures and have now started a last gasp rally phase.



What's next: From the 1/29L, various proprietary active cycles are expecting a last gasp rally and the coming High could be the High of the Year

If these cycles are correct, time is running out as a giant bubble is about to pop. 

As they say, may we live in interesting times.



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