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10/10 Short Term Low

Review: In my 9/22 last public post"I was looking for a 9/23 High"

Forecast #1&2 from the 9/22 Raj T&C Daily Email: "The Cycle bias we rally into 9/23H and then decline into 9/29L"

Actual: We saw a 9/22H (#1 on chart below), 1 day earlier that remains the High todate, also thepublicly forecasted 9/7H, remains the High todate. From the 9/22H we saw a choppy decline into 9/29L (#2) as expected.

S&P500 5-Minute Chart
Larger Image

Forecast #3&4 from the 9/25 Weekend Report: "The updated Cycle bias is we see a decline into Monday 9/26L and a retest 9/29L, then see a rally into Monday 10/3 solar CIT High and decline into Monday 10/10L"

Actual: We saw a 9/26L and a retest 9/29L, then a rally into Friday 9/30H (#3), 1 day earlier than the 10/3H and then we saw a choppy decline into Friday 10/7L, which may be the Low, 1 day away from Monday's projected 10/10L+/-1 (#4)

What's Next: Monday 10/10+/-1 should be the next short term Low and we rally into the next Time and Cycle Cluster High. The current compressed market suggests a larger trending move is due soon, be prepared.

 

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