Forecast (1) from my 12/16/14 public blog forecast: “We are looking for a 12/16-17 short term Low at the triple 12/16-17 geometric and Solar CIT and a sharp, but brief rally, before we decline again.”
Actual: We made a 12/16 major Low and saw a sharp 120+ SP rally to All time Highs. The rally was even sharper and longer than expected.
Forecast (2) from the 12/31 T&C Intraday Update: “Today is a confirmed High am to Low pm day and confirms the 12/26-29 Highs are in.”
Forecast (3) From 1/4 T&C weekend Report: “Once the wave 1 or A Low is in, at 1/5-7L at the 55 TD Cycle CIT on 1/5 and a CD to TD CIT on 1/7, we will see a wave 2 or B rally High into 1/9 Solar CIT High, before we decline in a wave 3 or C into 1/12-13 Lows at the 1/13 geometric CIT.'
Actual: The 12/26-29 double High was the 12/24 Solar CIT, 1 TD later and got confirmed with the 12/31 decline. We declined into 1/6L at the 55 TD and CD to TD CIT Low, as expected and rallied to 1/9 Solar CIT High at the 1st hourly Apex CIT High.
What’s next: Forecast (4): We should now see a fast wave 3 or C decline into 1/12-13 Low at the 1/13 geometric CIT
Some say, it is impossible to forecast the future, but I beg to differ, the weatherman does it all the time and you can with the markets as well.
Edited by Rocketman, 09 January 2015 - 11:29 AM.
