From my last public 8/18 post: "The Master Cycle (MC) is dominant and predicts an 8/18-21L and then some volatility for some time"
Forecast from my 8/17 Raj T&C Update: "..We should then decline into 8/18L instead (of 8/21L).... What happens after that 8/18 Low, according to the MC?? It suggests alot of volatile chop in the next week, with an 8/22H, 8/23L, 8/24H and 8/25 retest Lows"
Actual: We made an 8/18 swing Low, rallied to an 8/22H, saw an 8/22 pullback Low (-1), rallied into 8/24H and reversal lower into 8/25 retest Lows. It doesn't get better than that.
MC Forecast, so what's Next?: It is rally time! into the next Master Cycle High.
This will be my last public post on the MC for some time.
The Master Cycle is explained in our article with charts on page 118-123 in the Tradersworld Magazine, 4/2/18 Issue: https://tradersworld.com/issue69.pdf
Subscribe using our new Credit and Debit Card Options or via Paypal here:
https://timeandcycles.blogspot.com/p/subscribe.html
The contents of this article are for general information and educational
purposes only and should not be construed as an investment advice or
strategy. Past performance is no guarantee of future results. Trading in
Stocks, Options and Futures involve risks. Trade at your own risk.
No comments:
Post a Comment