• 15 hours Jeff Bezos Doubles Down On Space Colonization Ambitions
  • 21 hours Gold Mining Stocks Stuck In Limbo
  • 2 days Executive Order Targets Huawei Over Espionage
  • 2 days Why Now May Be The Best Time Ever To Hold Gold
  • 3 days Fake News Sinks Shares In UK-Based Bank
  • 3 days De Beers To Build $468 Million Diamond Recovery Ship
  • 3 days Moody's: Turkey Faces Possible Credit Downgrade
  • 3 days Tesla's Solar Sales Are Slipping
  • 4 days Auto Industry To Get Temporary Tariff Relief
  • 4 days Welcome To The World’s Biggest Free Trade Area
  • 4 days Central Banks Are Stockpiling Gold At The Fastest Rate In Half A Decade
  • 4 days U.S.-China Impasse Threatens Rare Earth Trade
  • 5 days Wall Street Bears $1 Trillion Brunt Of Trade War
  • 5 days Mobile Sports Betting Isn’t Quite Minting Millionaires Just Yet
  • 5 days The Marijuana Industry’s Shocking Secret
  • 5 days A Generational Shift Is Quietly Unfolding In The Mining Industry
  • 6 days Pentagon To Pay $6 Billion To Help Build Border Wall
  • 6 days Beijing Backlash: Stocks Slammed, Gold Boosted
  • 6 days Market Sentiment At Its Lowest In 10 Months
  • 6 days Trader Compares Current Market Environment To 2007
Strong U.S. Dollar Weighs On Blue Chip Earnings

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

  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