From my 3/27 last public blog post: "We should make a 3/27 Low +/-1Trading Day at the 3/27 Geometric CIT and start a relative sharp rally"
Actual: The 3/27 Geo CIT was the 3/26 Low, which remains the Low to date.
Since that 3/26 Low, the markets have been in a choppy, sideways to up (Red) channel, without a clear directional trend, frustrating Bulls and Bears alike.
There is a 2/20/15 Symmetry (mirror Image) Cycle that has been in the markets:
- 02/02L = 03/11L
- 01/22H = 03/20H
- 01/14L = 04/01L
- 12/26H = 04/15H
- 12/16L = 04/27H
- 12/05H = 05/05H is next!
The proprietary Solar and Geometric Time CITs (Change in Trend, is High or Low) in the last 4 weeks (Cyan vertical lines on chart) continue to outperform, all +/-1 Day:
- 3/27 Geometric CIT was the 3/26 Low
- 4/01 Solar CIT was the 4/1 Low
- 4/06 Geometric CIT was the 4/6 Low
- 4/11 weekend Solar CIT and 4/13-15 triple Geometric CIT was the 4/13-15 High
- 4/21 Solar CIT was the 4/22 Low
- 4/24 Geometric CIT was Monday 4/27 High, 1 day later.
- 5/1 Solar CIT is the 4/30 Low so far
From the 4/25 Raj T&C weekend Email: "We have rallied into Friday 4/24 Geometric and 4/24 SP Cycle CIT suggesting an 4/24-27 High forming. We are overbought, suggesting a pullback is due soon, most likely into the 5/1 Solar CIT Low and 156 TD Cycle due 5/1."
Actual: We made a Monday 4/27 High in the 1st hour and right at pink channel resistance and reversed lower into Friday 5/1 Solar CIT.
What's next?: The red channel break opens the door for lower prices, especially if we decline below the last 4/17 swing Low. We are lower into the 5/1-5 cluster CIT Low at the 5/1 Solar CIT and 156 TD Cycle due 5/1 and 2 TD later at the 5/5 double Geometric and 2/20 Symmetry Cycle CIT on 5/5.
