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.
What's Next: The close above the key red down channel is bullish and the rally should continue into Friday 7/22H at the 7/21 Geo & 7/23 Solar & 100 TD Cycle.
We are also approaching in this T&C Cluster, Long term Trendline resistance from the March 09 Lows at the 4000+/- SPX area.
No comments:
Post a Comment