You are here: At a multi month High and at the edge of a Cliff.
Forecast from the 7/8 Raj T&C Daily Email & Updates: "The dominant NDX Master cycle was looking for a 7/1H, 7/6L, 7/9 major swing High+3, which was to double top with a 7/13H, 7/14L and another ideally lower NDX 7/15H"
Actual: We made a 7/8L, + 2 days later than the projected 7/6L, we then rallied into 7/13 NDX High, +2 days later than the projected 7/9H, which merged with the 7/13 double Top High.
Conclusion We are in a topping zone this week and should see a multi month major High and start a relative sharp decline in the next few weeks and months.
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