• 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

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