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GLD May Not Yet Be Ready To Break Out

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While I have gone on…

Stocks Fail to Hold Gains, But Still No Correction

Stocks Fail to Hold Gains, But Still No Correction

The U.S stock market indexes…

Decision Time

Decision Time

Last week, I mentioned that…

The Next Time and Cycles (TC) Cluster is on August 16-19 Low of The Month

In my last blog post, I was looking for an 8/2 High and then "a decline into my next Time and Cycle (T&C) ClusterChange in Trend (CIT) and make a major Low of the Month."

S&P500 Daily Chart
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Forecast: From 14 days ago, in the 8/3 Raj T&C Weekend Email: "We should rally into 8/2-5 major Highs, then decline into August 16 Time and Cycle Cluster Lows, targeting at least 1650 SPX+/-"

Actual: 8/2 High, decline into 8/15 Low at 1658.59 SPX so far

S&P500 Daily Chart 2
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What's Next: We should continue to decline into an 8/16-19 T&C Cluster Low of the month.

Time CIT: 8/17 is the next proprietary Solar Time CIT that should be a 8/16-19 Low. There was an 8/15 Long term proprietary geometric Time CIT due on 8/15, that is +/-2-3 TD as it covers decades. There was also a shorter term geometric 8/15 Time CIT.

Cycle CIT: The last four 45 TD Cycles has been averaging 38-39 TD (see chart), targeting August 16-19 major Low of the Month.

The intraday cycles Friday (and Monday) supports a decline with a 1st hour low and bias to be lower.

 

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