• 11 hours Saudis Eye Billions As Stocks Get Emerging Market Boost
  • 14 hours Airbnb In Acquisition Mode Ahead Of IPO
  • 17 hours Gold Hangs At $1,300 Ahead Of Fed Meeting
  • 19 hours Champagne Sales Slow As European Economic Worries Grow Louder
  • 1 day Putin Signs “Digital Iron Curtain” Into Law
  • 2 days Russian Metals Magnate Sues U.S. Over Sanctions
  • 2 days Tesla Looks To Jump Into Indian Market
  • 2 days Global Banks Lay Groundwork To Re-Inflate Asset Prices
  • 2 days Homeowners Experiment With Risky New Investment Trend
  • 3 days U.S. Tech Stocks Look Increasingly Vulnerable
  • 3 days De Beers To Expand World’s Most Profitable Diamond Mine
  • 3 days Ford CEO Gets Raise After Massive Layoff Round
  • 3 days Germany’s Flirtation With Recession Could Cripple The Global Economy
  • 4 days Where To Look As Gold Miners Inch Higher
  • 4 days Google Faces Billions In Fines From European Regulators
  • 5 days The Energy Industry Has A Millennial Problem
  • 5 days Russian Banks Scramble For Sanction Loopholes
  • 6 days Gold ETFs Take A Hit After Four-Month Run
  • 6 days European Union Takes Aim At Ten New Tax Havens
  • 7 days Goldman Defends Trillion-Dollar Corporate Buyback Spree
Lending: The Good, Bad, And Ugly

Lending: The Good, Bad, And Ugly

Aristotle said, “The most hated…

The Chatroom Cartel Running Global Bond Markets

The Chatroom Cartel Running Global Bond Markets

Eight major banks have been…

  1. Home
  2. Markets
  3. Other

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.

 

Back to homepage

Leave a comment

Leave a comment