The Master Cycle (MC) still remains on track
|From 3/1 public Time and Cycles blog post: “The MC remains on track and suggests we see a 3/1-2 Low at the 3/2 Geo and 3/3 Solar time CIT and start a rally phase into the next short term swing High”
From 3/2 T&C Daily Email: “From the 3/2L, the MC and Bitcoin Cycles were looking for a rally into 3/9-12H , followed by a decline in Option Expiration (OE) week and into 3/19-20 Lows”
Actual: We made a 3/2 Low and then rallied 154.58 SP’s into 3/13 High in the 1st half hour. We then declined 60.43 SP’s so far and it is expected to continue into 3/20 Low as the MC suggested. Normally OE week is bullish, but the MC suggested a decline, which we have now seen.
Many believe that a historic cycle with such precision is unheard of or virtually impossible, but the current MC begs to differ, eventhough it was not easy to find (the last time such an uncanny cycle was found was more than a year ago).
What’s next: The MC suggests a 3/20 Low +/-1 and start a rally phase into the next short term swing High. The MC suggests there are many more whipsaw rallies and declines to come and suggests you ain’t seen nothing yet.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.