SPX review and forecast
|In our last public 9/25 post we were looking for a 9/24-29 swing Low.
Actual: We saw a Sep 24 swing Low at 3209.50 SPX. We have since rallied a sharp 340.40 SP's to an 10/12 High.
Forecast from the 10/3 Raj Time and Cycles (T&C) Daily Email (3 weeks ago): "From 10/1H, decline briefly into 10/2-5L at the 10/3 Solar & 10/2-5 Geo time CIT. We will rally into 10/9-12 T&C cluster High, decline into 10/16-19L"
Actual: We made an 10/1H (#1 on chart), declined briefly into 10/2L (#2), rallied into 10/12H (#3), which was along term Geometric time CIT and declined into 10/19L (#4).
Forecast from 10/19 Intraday Update: "If today 10/19 was a High, we could see an 10/21-22 Low and 10/26 High"
Actual: We declined into 10/22L (#5) at the wedge Apex CIT and are now rallying into 10/26H.
What's next: The coming week should continue to be volatile (Up and down) as we see another short term 10/23-26 High at the 10/24 weekend Solar Time CIT.
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