• 555 days Will The ECB Continue To Hike Rates?
  • 555 days Forbes: Aramco Remains Largest Company In The Middle East
  • 557 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 957 days Could Crypto Overtake Traditional Investment?
  • 962 days Americans Still Quitting Jobs At Record Pace
  • 964 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 967 days Is The Dollar Too Strong?
  • 967 days Big Tech Disappoints Investors on Earnings Calls
  • 968 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 970 days China Is Quietly Trying To Distance Itself From Russia
  • 970 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 974 days Crypto Investors Won Big In 2021
  • 974 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 975 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 977 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 978 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 981 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 982 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 982 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 984 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

Raj Time and Cycles Review and Forecast: March 18 High+/-1 Day

Review of the 2/12 blogpost on longer term Cycles: "There is a confluence in several markets, (SPX, Bonds and Crude Oil) for a February 2016 turning point that should be important to watch.

S&P500 Monthly Chart Feb 12/2016
Larger Image

2/12 Forecast 1: "The 8 Month SPX cycle due is in February 2016 +/-1 Month, suggesting an important Low is due in February 2016... We should make an important 2/12 Low+/-1."

S&P500 Monthly Chart
Larger Image

Actual: SPX bottomed at the 2/11/16 Low and have rallied a sharp 236 SP's into today's Highs.

Crude Oil Monthly Chart Feb 12, 2016
Larger Image

2/12 Forecast 2: "The Crude Oil has a monthly Apex CIT due in February 2016. As we have declined into it, it suggests a Crude Oil Low is due in February 2016"

Crude Oil Monthly Chart
Larger Image

Actual: Crude Oil bottomed at the 2/12/16 Low and have rallied a sharp $14.31 into today's Highs.

30-Year Treasury Bond Weekly Chart Feb 12, 2016
Larger Image

Forecast3: "The Bond Interest Rates has a reliable 93 week cycle Low that is due this February 12 2016 week."

30-Year Treasury Bond Weekly Chart
Larger Image

Actual: Bond market Interest Rates bottomed at the 2/11/16 Low and have rallied a sharp 3.48 Interest Rate points so far.

Conclusion: All 3 markets bottomed at exactly the same date, 2/11/16 Low+/-1.


Shorter term SPX Forecasts

Forecast: In my last public blogpost. I was looking for a 3/2-3 swing High.

Actual: We saw a 3/4 High, 1 day later and declined 39.88 SP's into 3/10 Low.

Forecast from the Friday 3/11 Daily Email: "The inverted cycle predicted the 2/11L, 2/24L and 3/4H. It now suggests a 3/11L and a rally into 3/17H+/-1. There is a 891 CD Fixed cycle due 3/17 as well"

S&P500 Daily Chart
Larger Image

Forecast from the Saturday 3/12 weekend Email: "The cycle bias is we are higher into Monday 3/21 Solar and daily Apex CIT (Change in Trend)"

S&P500 Hourly Chart
Larger Image

Actual: From the 3/10 Low, so far, we rallied 77 SP's into 3/17 High.

What's Next: We make a 3/18 High+/-1 at the next Solar CIT (Change in Trend) and start another decline to the next swing Geometric CIT Low.

 

Back to homepage

Leave a comment

Leave a comment