Friday, August 18, 2023

The Master Cycle

From my August 10th public Blogpost: "From 8/9-10L, we rally into the next short term Time cluster CIT High, before the next decline"

Forecast from the 8/11 Raj T&C weekend ReportThe Master Cycle from 8/9-10L, suggested a 1 day rally into 8/11H (#5-6 hits) and we then see a conitnued waterfall decline into 8/21 major Low




Actual: From the 7/31H (#1 on chart) & 8/10H (-1) (#2) , we saw a sharp decline into today's Friday 8/18 Low (#3 on chart). From 7/27H  we saw a sharp 271.79 SP decline into 8/18L.

What's Next?: The Master Cycle is dominant and predicts an 8/18-21L and then some volatility for some time.


8/20 UpdateAssuming we bottomed on 8/18L, the Master Cycle then suggests a strong rally day Monday, but the next days will be quite volatile (Up and down)

The Master Cycle explained: 

https://timeandcycles.blogspot.com/p/the-master-cycle-explained.html



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