Wednesday, September 12, 2007

Rally into 9/17 Likely

9/10 was clearly the Low near the 9/11 Solar Eclipse, similar to the 8/28 Lunar Eclipse Low.

The secondary Low due 9/12-13 has not manifested itself yet and we are right at key Resistance at 1478 SPX.

I had a 2.20 CIT today, which was important and sofar we had a 2.15 HOD (High of the day), let's see if it holds. I plan to buy the 4pm CIT, if a Low.

Today or early tomorrow is the Time to buy for a rally into atleast the 56 hour CIT High due on 9/17@Open.

I'll look closely at all the cycles in the weekend to see what OE week will look like.


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