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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
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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
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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
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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
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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
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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
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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
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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
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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.

 

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