Raj Ian G. Blog | 5/4 quick Time and Cycles Update | TalkMarkets
Stock Market Consultant & Investor
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I have been actively involved in the Financial Markets since August 1987. After receiving my B.S. in computer Science in 1987 and his Masters in Business Administration in 1988 from MIU, I studied everything I could find on various Timing techniques and Cycles methods in the Markets, including ...more

5/4 quick Time and Cycles Update

Date: Wednesday, May 4, 2016 9:27 AM EDT

Globex futures are lower, down -14 confirming lower Lows this morning 5/4L.

I was looking closely at the inverted turned straight cycle last night. 

 

It has a 5/4 Low, bounce for 1 day 5/5H and it does have another retest higher Low at 5/6-9L and as this is a Time cycle that 5/6-9L could be a possible lower Low. I do have a 5/9 double Geo CIT supporting a Low at that time.

 

In Summary, ideally we see plenty of volatility the next couple of days, lasting through 5/9L (at Open), before the actual rally phase starts, which is then followed by another decline to lower Lows.  As we are not seeing a crash wave Low right now, we should still see lower Lows in the coming weeks, but after a rally phase first. 

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