• 2 hours Airbnb In Acquisition Mode Ahead Of IPO
  • 5 hours Gold Hangs At $1,300 Ahead Of Fed Meeting
  • 7 hours Champagne Sales Slow As European Economic Worries Grow Louder
  • 23 hours Putin Signs “Digital Iron Curtain” Into Law
  • 1 day Russian Metals Magnate Sues U.S. Over Sanctions
  • 1 day Tesla Looks To Jump Into Indian Market
  • 1 day Global Banks Lay Groundwork To Re-Inflate Asset Prices
  • 2 days Homeowners Experiment With Risky New Investment Trend
  • 2 days U.S. Tech Stocks Look Increasingly Vulnerable
  • 2 days De Beers To Expand World’s Most Profitable Diamond Mine
  • 2 days Ford CEO Gets Raise After Massive Layoff Round
  • 3 days Germany’s Flirtation With Recession Could Cripple The Global Economy
  • 3 days Where To Look As Gold Miners Inch Higher
  • 4 days Google Faces Billions In Fines From European Regulators
  • 4 days The Energy Industry Has A Millennial Problem
  • 5 days Russian Banks Scramble For Sanction Loopholes
  • 5 days Gold ETFs Take A Hit After Four-Month Run
  • 6 days European Union Takes Aim At Ten New Tax Havens
  • 6 days Goldman Defends Trillion-Dollar Corporate Buyback Spree
  • 6 days $600 Billion At Risk As Boeing Fallout Continues
The Chatroom Cartel Running Global Bond Markets

The Chatroom Cartel Running Global Bond Markets

Eight major banks have been…

Lending: The Good, Bad, And Ugly

Lending: The Good, Bad, And Ugly

Aristotle said, “The most hated…

  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