• 825 days Will The ECB Continue To Hike Rates?
  • 826 days Forbes: Aramco Remains Largest Company In The Middle East
  • 827 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,227 days Could Crypto Overtake Traditional Investment?
  • 1,232 days Americans Still Quitting Jobs At Record Pace
  • 1,234 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,237 days Is The Dollar Too Strong?
  • 1,237 days Big Tech Disappoints Investors on Earnings Calls
  • 1,238 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,240 days China Is Quietly Trying To Distance Itself From Russia
  • 1,240 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,244 days Crypto Investors Won Big In 2021
  • 1,244 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,245 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,247 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,248 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,251 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,252 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,252 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,254 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

  1. Home
  2. Markets
  3. Other

The June 2-5 Time and Cycles Cluster High

In my 5/18 public post (The public blog is updated only once a month. For interim Updates, please follow us on https://twitter.com/TimeandCycles) I was looking for a 5/18L as the cash SPX Apex of the triangle CIT (Change in Trend) along with the 19 TD Cycle of Lows pinpointed the 5/18 Cycle Low (see chart below).

S&P500 Daily Chart
Larger Image

From the Raj T&C Daily Email: "We should rally into 5/25H, decline into 5/30L at the 5/30 Geo time CIT and then rally into higher Highs into 6/1-2H, all +/-1 day"

Actual: We saw a 5/25H, decline into 5/31L, 1 day later than the 5/30 Geo CIT and we are now rallying into a 6/1-2 Time & Cycle cluster.

S&P500 Daily Chart
Larger Image

The Emini SP Apex of triangle CIT, along with the Emini 48 TD and Cash SPX 47 TD Cycle that last saw the 3/27/16 swing Low, are next due on 6/2+/-, one day from 6/1 Solar time CIT and one day from Monday's> 6/5 Geometric time CIT

S&P500 Daily Chart
Larger Image

Whats' Next: The Apex CIT and 47-48 TD Cycles suggests a 6/1-2H while the Timing suggests a 6/1 Solar time CIT or 6/5 Geo time CIT+/-1 High, so we should see a 6/2-5 +/-1 Time & Cycle cluster High. If we see a sharp decline afterwards, then the odds increase 6/2-5 was a major High, but if the decline is mild, we could see higher Highs later in June, before the Flash Crash decline into July

 

Back to homepage

Leave a comment

Leave a comment