Yesterday's 7/27 forecast: We see a rally day on Fed day
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.
This is a stockmarket site for both intraday and swingtraders, trading the SP emini,ETF's like QLD, SSO, etc. Various Timing techniques and Cycles are researched. Precise Timing is everything. Both Intraday and daily Change in Trend (CIT) Times are calculated through several unique timing methods that are often exact or off by mostly +/- 5-10 minutes for intraday times and +/-1 day for the daily CITs. All the different Cycles in the SP 500 markets are discussed.
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.
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.