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Raj Time and Cycle Review and Forecast: March 2 Major Swing High

Review: In my 2/12 public blogpost, I was looking for a "2/12+/-1 important Low"

Forecast 1 &2: From my 2/12 Raj T&C Daily Email: "From the 2/12 Low+/-1, we rally intoOption Expiration week"

Actual: We made a 2/11 major Low (#1 on chart) at 1810.11 SPX as expected, which was the 2/12 Geometric Time CIT (Change in Trend), the 176-77 Trading Day and 90 Calendar Day Cycle Low. From the 2/11 Low, we saw a sharp 3 day 120.58 SP's rally into Option Expiration week (#2 on chart).

S&P500 Hourly Chart
Larger Image

Forecast 3 &4: From the 2/24 Raj T&C Update: "The current cycle bias is: we see a 2/24 Low,then rally to a 3/2-3 major High"

Actual: We made a 2/24 Low (#3 on chart) and rallied into 3/1 High (#4 on chart) so far. Did we see a Super Tuesday March 1 High? It is possible, but we still have an important 3/2 at 1.50-2.55 hourly+/- 1 hour CIT today to watch for a potential High.

What's next: We see a 3/2-3 major swing High at the 3/1 Geometric and 3/3 Solar Time CIT and 22 Trading Day Cycle and then start a relatively sharp decline into the next projected Time and Cycle cluster Low.

 

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