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Is This The Death Of The iPhone X?

Is This The Death Of The iPhone X?

Apple’s stock has slipped more…

One Commodity Set To Soar On Russian Sanctions

One Commodity Set To Soar On Russian Sanctions

The recent sanctions on Russia's…

The Dominant Cycle has 6/24-27 as The Next Cycle Low

In my last 6/10 blogpost, "I was looking for a 6/10 High+/-2 of the month, which was the 6/8 High"

S&P500 Hourly Chart 1
Larger Image

From the Raj T&C 6/13 Weekend Email: "The Dominant Cycle 6/10 cycle High arrived 2 days earlier at the 6/8H and is looking for a straight down decline into 6/17 Low, then a sharp rally into6/22 High at the 2100-05 SPX area and then another sharp decline into 6/24 Low at 2025-30 SPX"

S&P500 Hourly Chart 2
Larger Image

Actual: From the 6/8 High, we saw a straight down decline into 6/16 Low, 1 day earlier, at 2050.37 SPX, reversed and saw a sharp rally into 6/23 High, 1 day later, at 2113.32 SPX, only to see a sharp reversal back lower to a 6/24 Low at 2032.57 SPX so far.

The Golden ratio fixed Cycle suggests a 6/25 Low, supporting the dominant cycle.

Golden ratio 1618 CD Cycle of Lows: 10/10/02L 1616- 03/14/07L - 1618- 08/20/11L-1614- 01/20/16L

Golden ratio 1618 CD Cycle of Lows: 10/08/98L-1616- 03/12/03L -1618- 08/16/07L-1618 X 2 = 06/25/16L?

What's next: The dominant cycle is looking for a 6/24-27 swing Low at the 6/27 Geometric Time CIT, chop around and then start a new rally phase.

 

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