• 8 hours Why Chinese Rare Earth Prices Are Soaring
  • 1 day 2021 Could Be A Huge Year For Chinese Stocks
  • 2 days Shadowy Brokers Target Easy TikTok Money In New Scheme
  • 3 days Cannabis Sales Are Soaring In The United States
  • 4 days Biden Will Be A Boon For Solar Stocks
  • 5 days The Shroom Boom Is Here To Stay
  • 8 days The Gold Rally Has Finally Run Out Of Steam
  • 8 days Citibank Analyst Predicts $300k Bitcoin By End Of 2021
  • 11 days Bitcoin Lives Up To Its Safe Haven Status In A Big Way
  • 11 days 14 Million People Will Lose Unemployment Benefits On December 31st
  • 13 days Why 12 Million American Millionaires Isn’t Good News
  • 14 days Big Oil Is Paying The Price For Investing In Renewables
  • 15 days The Banking Industry’s $35 Billion Gravy Train Could Disappear
  • 16 days Did Amazon Just Democratize Prescription Drugs?
  • 17 days The Private Space Race Just Got Very Real
  • 19 days Short Sellers Are Willing Big In This Turbulent Market
  • 20 days SpaceX Gets Go-Ahead To Send Humans Into Space
  • 21 days Saudi Arabia Lost $27 Billion In Oil Crash
  • 22 days China’s Big Tech Takes A Hit As Regulators Crack Down
  • 23 days Black Friday Could Be Retailers’ Only Hope
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  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