• 18 hours Three Energy Casualties In The Coronavirus Crisis
  • 2 days Markets Crumble As Coronavirus Panic Peaks
  • 2 days Cobalt May Be The Key To Clean Hydrogen Fuel
  • 4 days How Taxpayers Are Bankrolling The EV Revolution
  • 5 days The Coronavirus Is Crushing China’s Car Market
  • 6 days Fighting For Survival In The Streaming War
  • 7 days Want A Job? Forget About A Bachelor’s Degree
  • 7 days Another Major Car Maker Is Backing Hydrogen
  • 8 days Are Americans Finally Sold On Soccer?
  • 8 days Is The Tech Bubble About To Burst?
  • 9 days Coronavirus Could Cost Tourism Industry $80 Billion
  • 9 days What Web Traffic Trends Can Tell Us About The World
  • 9 days Miners Face Greater Headwinds
  • 10 days Boris Johnson Proposes Billion Dollar Bridge To Northern Ireland
  • 11 days Goldman Slashes Oil Price Forecast By $10
  • 12 days Tesla Raises $2 Billion In Share Selloff
  • 13 days What The T-Mobile Takeover Of Sprint Really Means For Markets
  • 13 days The U.S. Has Charged Huawei With Racketeering And Conspiracy
  • 13 days How Hydrogen Could Become The Fuel Of The Future
  • 14 days Millennials Can’t Retire, But They’ll Still Have To Help Their Parents
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

Time and Cycle Review and Forecast 06/03/15

Review: In my last public post, the 5/15 Geometric CIT (Change in Trend) was a miss, which happens at times as the geometric CITs are 70-80% accurate in pinpointing important Highs and Lows (The proprietary Solar CITs are 85-90% accurate).

$SPX Chart
Larger Image

Since 3/3, we have been in a large 13 week choppy sideways channel, with resistance at 2136-38 SPX and support at 2065-70 SPX. Whichever way it breaks, determines the next large 70 SP directional move (2205 or 1999 SPX). The markets have been in a volatile trading range, so it is best to have some useful Time and Cycle tools to guide us.

From the 5/19 Evening Email: "From the 5/19 High (#1), we should see a decline into 5/22 Solar CIT Low+/-1 (#2).

Actual: We made a 5/20 High (+1) and saw a decline into 5/26 Low, 1 trading day later than the 5/22 Solar CIT and have seen another choppy rally since.

From the 5/31 weekend Email : "The 6/1 Solar CIT was biased a 6/1 High. However, there are 3 arguments suggesting an early June Low (#3) : 1. The increased volume Friday 5/29 suggests lower lows soon. 2. There is a regular 19 TD Cycle of Lows, which is the debilitated Scorpio Moon cycle suggesting 6/2-3 should be a Low. 3. The Squares of Lows from 10/11/07 suggests 6/4+/- Low+/-"

$S&P 500 Index
Larger Image

Actual: We declined into a 6/2 Low, 1 TD from the 6/1 Solar CIT and right into the debilitated (Vedic) Scorpio Moon cycle, associated with market lows, which is the current 19 TD Cycle of Lows shown in the chart.

What's next?: We should see another volatile rally into 6/5-8. The 4/16 Symmetry Cycle has Friday 6/5 CIT and Monday 6/8 is next Geometric CIT. The next 70 SP move comes when we break the current 13 week choppy sideways channel.

 

Back to homepage

Leave a comment

Leave a comment