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Raj Time and Cycles Review and Forecast: 4/26 Low

In my last public T&C Blog post, we were looking for "The next major Time Square CIT (Change in Trend ) is due on April 13 +/-1 day."

S&P500 Daily Chart
Larger Image

Actual: The Time Square CIT (Change in Trend = High or Low) has several impressive past hits, including: 8/24/15L, 9/29/15L, 11/3/15H, 12/11/15L+1, 1/19/16L+1, all of them Major swing Lows and Highs (vertical red lines on chart) and the next one that was due on 4/13/16 was the April 12 2016 Low.

Forecast from the 4/10 Raj T&C Weekend report: "The Cycle bias is we see a 4/11-12L at the 4/11 Geometric CIT and the 4/13 Time Square CIT. From there we rally into 4/20-22H and then decline into 4/26L"

S&P500 65-Minute Chart
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Actual: We made an 4/12 Low (Forecast #1 on chart), which was the 4/13 Time Square Low and rallied into 4/20 High (Forecast #2), right at the 4/20 Solar and Geometric Time CIT. From there we declined into 4/25 Low, 1 day from (Forecast #3) the 4/26 Geometric Time CIT.

What's Next: We make an 4/26 Low+/-1 and start another rally phase. There is an important Time and Cycle Cluster on the Horizon that will cause some major movements in the markets. Be prepared.

 

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