• 511 days Will The ECB Continue To Hike Rates?
  • 512 days Forbes: Aramco Remains Largest Company In The Middle East
  • 513 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 913 days Could Crypto Overtake Traditional Investment?
  • 918 days Americans Still Quitting Jobs At Record Pace
  • 920 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 923 days Is The Dollar Too Strong?
  • 923 days Big Tech Disappoints Investors on Earnings Calls
  • 924 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 926 days China Is Quietly Trying To Distance Itself From Russia
  • 926 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 930 days Crypto Investors Won Big In 2021
  • 930 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 931 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 933 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 934 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 937 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 938 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 938 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 940 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

Time and Cycles Review and Forecast

In my 7/27 blog post, I had a 7/26-29 Time and Cycles (T&C) Cluster Change in Trend (CIT), which became the 7/26 Low.

From my 7/27 T&C weekend Email: "Short Term: 7/26-29L, rally into 8/2-5 Highs".

S&P500 Chart
Larger Image

Actual: We made a 7/26 Low and rallied into Friday 8/2 High at 1709.67 SPX, which was the 8/5 Solar CIT High and right into triple trend line resistance. The 4/26/10H-5/2/11H major trend line held back the recent 5/22/13 rally High and more recently the 8/2/13 All time Highs.

What's next: We should now decline into my next T&C Cluster CIT and make a major Low of the Month.

 

Back to homepage

Leave a comment

Leave a comment