In my last public post, I was looking for a 7/10-11 Low. http://timeandcycles.blogspot.com/2014/07/forecasted-73-high-decline-into-710-11.html
Forecast (1) from my July 11 Report: "After the 7/10-11L, we rally into OE crook's week into 7/16 Solar and Geometric CIT High of the week"
Actual: We made a July 10 Low and rallied 32.75 SP's into a 7/16 High. From there we saw a sharp decline afterwards.
Forecast (2) from the 7/19 weekend Report: "The bias has shifted that the 7/16 CIT was the 7/17L and we will rally into the 7/24 double Geometric CIT and the 70/140 TD and 270 TD Cycle due 7/22+/-wk. Any rally above 1986 SPX targets the 2000 SPX area."
Actual: From the 7/17 Low, we rallied to All time Highs at 1991.39 SPX into 7/24 double Geometric CIT Highs.
There were 2 fixed cycles due around this time (Fixed Cycles has a variance of a couple of days)
1. The 70/140 Trading Day (TD) Cycle: 2/5/10L, 8/27/10L, 3/18/11L(-2), 10/6/11L(-2), 4/27/12H(+2)-138 TD- 70 TD: 11/16/12L, 3/1/13L, 6/10/13, 9/19/13H, 12/31/13H-4/11/14L-7/24/14H.
2. 270 TD Cycle: 3/6/09L -542 TD - (2X271)-5/02/11H-275-6/4/12L-264-6/24/13L-271- 7/24/14H.
What's next: We should make a July 24-25 High that could stretch into Monday's July 28 Solar CIT and start a decline. We have a double long term monthly SPX resistance (see chart above) for July at the 2000 SPX area.
