• 1 day Bitcoin Lives Up To Its Safe Haven Status In A Big Way
  • 2 days 14 Million People Will Lose Unemployment Benefits On December 31st
  • 3 days Why 12 Million American Millionaires Isn’t Good News
  • 4 days Big Oil Is Paying The Price For Investing In Renewables
  • 5 days The Banking Industry’s $35 Billion Gravy Train Could Disappear
  • 6 days Did Amazon Just Democratize Prescription Drugs?
  • 8 days The Private Space Race Just Got Very Real
  • 9 days Short Sellers Are Willing Big In This Turbulent Market
  • 11 days SpaceX Gets Go-Ahead To Send Humans Into Space
  • 11 days Saudi Arabia Lost $27 Billion In Oil Crash
  • 12 days China’s Big Tech Takes A Hit As Regulators Crack Down
  • 13 days Black Friday Could Be Retailers’ Only Hope
  • 14 days Why You Should Not Dump Your Stay At Home Stocks Just Yet
  • 15 days The Real Reason Why Uber And Lyft Stocks Have Soared Nearly 50%
  • 17 days Bitcoin Heads Towards $16,000 And No One’s Cashing In
  • 18 days Elon Musk’s $250 Tesla Tequila Is Already Sold Out
  • 19 days Will The San Francisco Wealth Tax Spark An Exodus Of The Rich?
  • 20 days The Fin-Tech IPO Of The Century Just Got Crushed
  • 21 days UK Bookies Report Largest-Ever Political Bet Ahead Of Election Results
  • 22 days Better Safe Than Sorry: 5 Alternative Investment Plays
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

Raj Time and Cycle Review and Forecast

Review: In my January 22 blog post, I said: "If History is any guidance, we should see a major crash Low between 1/20 and 1/26. There are some indications that 1/20/16 was that major Flash Crash Cycle Low, but we need to close solidly above the steep down channel to confirm that."

Actual: We closed above that steep down channel on 1/22, which confirmed 1/20/16 as the major mini crash Low.

From the 1/20/16 Raj T&C Email: "The current cycle bias is from a 1/19L, we rally to a 1/22Hand then decline into 1/27 lower Lows.

Actual: We made a 1/20L, 1 day later, rallied to a 1/22H (#1 on chart) and decline into a 1/27L (#2 on chart)

S&P500 65-Mnute Chart
Larger Image

From the 1/25 Raj T&C weekend Email: "The cycle bias is we made a 1/22H at the 1/22-23 CD to TD, Square, Over flight CIT, then decline into 1/27 Solar and T&C Cluster Lows, which should be a higher Low. From there we rally into a 2/2 High and then decline into 2/5 Low.

Actual: From the 1/27 Low, we rallied into 2/1 High (#3), 1 day earlier, and we saw a decline into2/5 Low (#4) as expected.

What's Next: We make a 2/5 Low+/-1 and see another rally phase.

 

Back to homepage

Leave a comment

Leave a comment