• 717 days Will The ECB Continue To Hike Rates?
  • 717 days Forbes: Aramco Remains Largest Company In The Middle East
  • 719 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,119 days Could Crypto Overtake Traditional Investment?
  • 1,123 days Americans Still Quitting Jobs At Record Pace
  • 1,125 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,128 days Is The Dollar Too Strong?
  • 1,129 days Big Tech Disappoints Investors on Earnings Calls
  • 1,130 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,131 days China Is Quietly Trying To Distance Itself From Russia
  • 1,132 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,135 days Crypto Investors Won Big In 2021
  • 1,136 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,137 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,139 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,139 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,142 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,143 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,143 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,145 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

Raj Time and Cycle Review and Forecast 5/12/15

From the 5/4 Daily Report: "The 5/5 double Geometric, the 5/5 SP Cycle CIT and the 5/6 24 Sq wk Cycle CIT will be a retest 5/5-6 higher Low, most likely on 5/6L, which is the WBOE Low and we are higher into 5/11-12 Highs at the next 5/11-12 Solar & SP cycle CIT, from there we decline into 5/15 double Geometric CIT Low"

Actual: We declined into 5/6 Low and rallied into 5/11 High, right at the 5/11-12 Solar and SP CIT High and have since reversed sharply lower.

S&P500 65-Minute Chart
Larger Image

We remain in the large (red lines) choppy and volatile sideways triangle since the 2/25 High, more than 75+ days now.

What's next?: We should decline into 5/15 double geometric CIT Low+/- 1 day and then see another rally phase and then we start a relative sharper decline.

 

Back to homepage

Leave a comment

Leave a comment