• 11 hours Airlines Could Recover, But Crew Remain Elusive
  • 11 hours Meet The Man Behind The World's Most Exciting Oil Play
  • 2 days Crypto-Mining Immigration Could Be The Start Of A New Trend
  • 4 days Hawkish Fed Sends Gold Prices Crashing
  • 5 days Bezos Is Heading To Space This Sunday
  • 8 days El Salvador’s Surprise Bitcoin Move
  • 11 days Markets Unfazed As Inflation Hits 13-Year High
  • 12 days How the Token Economy is Disrupting Financial Markets
  • 14 days FBI Investigating 100 Types Of Ransomware Attacks
  • 16 days Fed Ends Corporate Credit Emergency Lending Program
  • 18 days AMC Becomes the Latest Winning Meme Stock After GameStop
  • 19 days The Real Reason Your 401k Has Been Lagging
  • 20 days China Lifts Cap On Births, Allows Three Children Per Couple
  • 22 days The Market Is Ripe For Another GameStop Saga
  • 25 days Senate Grills Big Banks Over Pandemic Opportunism
  • 26 days Cannabis Has A Major Cash Problem
  • 27 days Ransomware Netted Criminals $350M In 2020 Alone
  • 28 days Russia Is Taking On Google
  • 29 days Chinese Regulators Deal Another Big Blow To Bitcoin
  • 30 days Ohio Residents Brave Vaccine for Chance To Win $1M
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

  1. Home
  2. Markets
  3. Other

A Potential Mini Crash Wave is on The Horizon

In my last public blog post a few days ago, I was looking for an 4/26 Geometric CIT Low, that was either the 4/25 Low or it could be inverting to an important 4/27 swing High instead.

To get the Timing right, I use my proprietary Timing Change in Trend (CIT = High or Low) dates that are either exact or +/- 1 day, below are the most recent ones (as mentioned athttp://timeandcycles.blogspot.com/ in the past)


Time CITs:

  1. 4/13 Time Square CIT => 4/12L
  2. 4/20 Geometric and Solar CIT => 4/20H
  3. 4/26 Geometric CIT => 4/25L or 4/27H?

S&P500 65-Minute Chart
Larger Image

The 4/26 Geometric Time CIT was either the 4/25L@ 2077.52 SPX or 4/27H@ 2099.89 SPX.

If we decline below that 4/25L, then the 4/27 High gets confirmed as the 4/26 Geometric CIT and if we rally above the 4/27H, then the 4/25L gets confirmed.


Cycle CITs:

I have been following an active Inverted cycle in my newsletter, ever since the 2/11/16 major Low. An Inverted cycle means it is a historical cycle that is predicting exact future Highs and Lows, within 1-2 days, but inverted, meaning a past High is predicting a future Low and a past Low is predicting a future High.

This dominant inverted cycle (red vertical lines on chart) has seen 9 "hits" and 1 miss:

  1. 2/11L
  2. 2/24L
  3. 3/4H
  4. 3/11L(-1)
  5. 3/17H (miss)
  6. 3/28L(-1)
  7. 3/31H(+1)
  8. 4/12L
  9. 4/22H (-2)
  10. 4/26 Low or High?

S&P500 Daily Chart
Larger Image

At any point this inverted cycle can invert back to a "straight" cycle and that may be the case at the inverted cycle's projected 4/26L may have inverted to an 4/27H. The next few days will make that clear.


Why is that important? Because if we did see an 4/27H, then that same cycle now suggests a mini Crash wave is on the Horizon and that historical Crash Low date was on one of Carolan's infamous Dark Days. "The lunar dates 7-27 and 7- 28 are the "dark days, " encompassing the various Black Tuesdays of N.Y. in 1929 and Hong Kong in 1997, and the Black and Blue Mondays in N.Y. in 1987 and 1997 respectively. In each case, lunar date 7-28 marked the end of the panic and the next two days, 7- 29 and 7-30" More information at http://docs.mta.org/docs/1998DowAward.pdf)

What is interesting here, is the current date I have for the possible mini crash Low is directly linked to those dark days! (Yellow projection line on chart does not give the exact date) That date is also a Major Time and Cycle Cluster as it has 2 Time Squares CITs, the dark day CIT and several cycles all suggesting a Major CIT on that date. Caveat: If that date is not the mini crash Low, it will be the High to get short for a sharp 150+ SP decline afterwards. In any case, it should be an important turning point to watch in the markets.

 

Back to homepage

Leave a comment

Leave a comment