In my last public post, I was looking for a 2/2 swing Low and a strong rally afterwards.
Forecast #(1) from the 2/2 Raj T&C Daily Report : "The current bias is we made a 2/2 Low and rally strongly into 2/5 Solar CIT High at the 2050 SPX area."
Actual: We rallied into 2/6 High, 1 day later at 2072.40 SPX, exceeding the 2050 SPX target.
Forecast #(2) from the 2/9 Raj T&C daily Email : "Any rally above 2/6H means the mini Crash cycle from 2/6H into 2/12L is incorrect. There is also a 2/10 Geometric CIT and a 2/10 hourly CIT at 2.55 pm that should be another (lower) High."
Actual: We saw a 2/10 retest High as expected, but as it rallied more than expected and came close to the 2/6 Highs, the crash call was canceled on the same 2/6 day and swing traders went flat with a minor loss.
The proprietary Solar and Geometric Time CITs (Change in Trend, is High or Low) continue to work its charm (1-5 Cyan vertical lines):
- The 2/10 Geometric CIT was the 2/9 Low.
- The next major Time CIT is on 2/13-17 (long weekend, Monday 2/16 is a Holiday) at the 2/13-14 weekend Solar CIT and Tuesday 2/17 Geometric CIT was the 2/17 High.
- The 2/22 weekend Solar and 2/23 double Geometric CIT was the 2/20 Low.
- The 2/26 double Geometric CIT was the 2/26 Low
- The 3/3 Solar CIT was the 3/2 High.
Forecast #(3) - #(5) from the 2/26 Raj T&C Daily Email: "Swing Cycle: 2/20L, 2/25H, 2/26L, 3/2-3H, 3/6L. From the 2/25 High, we decline into 2/26 double Geometric CIT Low and rally into 3/2-3 Solar CIT High. 2/20L was the 10 TD Low and the next 10 TD Hurst TD Low is due 3/6 Low+/-. We have formed a relatively narrow upside channel. A break of this channel support, will trigger a sharp 50+ SP decline."
Actual: We declined as expected into 2/26 Low, rallied into 3/2 High and declined 54 SP's from the Highs so far into 3/6 Low.
What's next: 3/6-9 should be a short term Low and we see another rally into the next Solar CIT High and decline once again.
