Raj Ian G Thijm, MBA
Raj Time and Cycles
The great Solar Eclipse on 8/21/17 (biblical) passover the USA, was predicted to be catastrophic for the USA.
Here is what has happenend in only the few weeks since that 8/21/17 Eclipse:
1. Hurricanes & floods in: Harvey in Texas 8/30/17,
2. Floods in South East Asia, 1200 dead in India, Bangladesh and Nepal: 8/30/17
3. Hurricanes Irma & Jose in Carribean & Florida 9/7/17: (Please stay safe!)
4. WildFires in: Oregon, California, Washington: 9/4/17
5. Wildfires in Canada: 9/4-7:
6. Earthquakes: in Mexico 9/8/17:
7. War Talk: Late August - September 2017: North Korea may launch ICBM on Saturday, South Korean president warns
8. The stockmarkets made an 8/8/17 high, right at the 8/7 Lunar Eclipse and an 8/21/17 Low, right on the 8/21 Solar Eclipse.
On our private & public Time and Cycles blog and at https://twitter.com/TimeandCycles, we were looking for an 8/21L (#1 on chart below) and 8/29L (#2 on chart).
Forecast from the 8/29/17 Raj T&C Daily Email: "The cycle bias is: We see a choppy volatile week, with an 8/29L, rally into 9/1H, decline into 9/5L, rally into 9/13H"
Actual: We saw an 8/29L (#2 on chart above), rallied into an 9/1H (#3), declined into 9/5L (#4) as expected so far.
What's Next: We should see a choppy rally into 9/13 High+/-1 at the 9/12 Solar time CIT, 9/12 Geo time CIT and 9/13 Long term Geometric time CIT (Change in Trend). The next few months into October does not look too stellar, it is best to be prepared.
Trading in Stocks, ETF, Options and Futures involve risks. Trade at your own Risk. Do your own homework. The contents of this blog are for general information and educational purposes only and should not be construed as an investment advice strategy. Past performance is no guarantee of future results.
Editors’ Picks
EUR/USD flirts with daily highs, retargets 1.1900
EUR/USD regains upside traction, returning to the 1.1880 zone and refocusing its attention to the key 1.1900 barrier. The pair’s slight gains comes against the backdrop of a humble decline in the US Dollar as investors continue to assess the latest US CPI readings and the potential Fed’s rate path.
GBP/USD remains well bid around 1.3650
GBP/USD maintains its upside momentum in place, hovering around daily highs near 1.3650 and setting aside part of the recent three-day drop. Cable’s improved sentiment comes on the back of the Greenback’s irresolute price action, while recent hawkish comments from the BoE’s Pill also collaborate with the uptick.
USD/JPY edges up above 153.50 with all eyes on US CPI figures
USD/JPY appreciates above 153.00 but remains on track for a 2.4% weekly loss. Trading volumes remain subdued on Friday, ahead of the IS CPI release. The Yen remains supported by hopes of a stable government and calls for further BoJ tightening.
Editors’ Picks
EUR/USD: Yes, the US economy is resilient – No, that won’t save the US Dollar Premium
Some impressive US data should have resulted in a much stronger USD. Well, it didn’t happen. The EUR/USD pair closed a third consecutive week little changed, a handful of pips above the 1.1800 mark.
Gold: Metals remain vulnerable to broad market mood Premium
Gold (XAU/USD) started the week on a bullish note and climbed above $5,000 before declining sharply and erasing its weekly gains on Thursday, only to recover heading into the weekend.
GBP/USD: Pound Sterling remains below 1.3700 ahead of UK inflation test Premium
The Pound Sterling (GBP) failed to resist at higher levels against the US Dollar (USD), but buyers held their ground amid a US data-busy blockbuster week.
Bitcoin: BTC bears aren’t done yet
Bitcoin (BTC) price slips below $67,000 at the time of writing on Friday, remaining under pressure and extending losses of nearly 5% so far this week.
US Dollar: Big in Japan Premium
The US Dollar (USD) resumed its yearly downtrend this week, slipping back to two-week troughs just to bounce back a tad in the second half of the week.
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