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"
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 into 6/22 High at the 2100-05 SPX area and then another sharp decline into 6/24 Low at 2025-30 SPX"
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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