The 11/12/07 Low has alot going for it. (This info is shared from the subs updates)
1. The inverted main series had a 11/1(10/31H) and a potential 11/12 Low
2. The 20-22 TD Cycle was due 11/12
3. Ve Latitude 4.58 + 8/16/07L = 11/9 (+1 TD= 11/12), Last Venus Latitude was 10/22 Low.
4. Me Helio Latitude 88 CD + 8/16/07L = 11/12/07 Low
5. Double hourly CIT due Close 11/12 - Open 11/13, arrived on 11/12@Close Low
6. 11/12 is within the SOI (Sphere of influence) of Roy's SC due 11/15 (F20 3/22/01 Low)
7. 11/12 is within 1 TD from the 11/9/07 Mahalaksmi Major historic Lunar Anniversary Lows. ie 11/9/07L = 10/29/29L = 10/20/87L = 10/28/97L = same Lunar Date = same Mahalaksmi, Goddess of wealth Day.
8. The 56 hour (8TD) Cycle was due 11/12/07
9. The 2.5 week cycle from the 10/22-24 Low (14-16 TD), bottomed on 11/12 Low.
10. Our T&C Group had a Major timing Cluster due anytime this OE week, centered on 11/14.
11. ITD Delta Low was due 11/14 +/-
12. Markets were extremely oversold at historic levels, there were also signs of selling exhaustion.
12. There was finally some Big fund buying on 11/13, which is a statistically bullish sign for the next few days, weeks and months.
11. This is a normal retest of the 8/16/07 4.5 Year Cycle Low, creating a double bottom with 8/16/07 Low
12. We broke above the downtrend channel since the 10/31 High and we are having follow through today, which is bullish.
Major Resistance lies at the 1490-92 SPX area and if broken confirms the decline to be a corrective ABC down and also the new bullish trend. I still have 11/15 and 11/19 daily CITs to watch closely. A retest of the 11/12 Lows is likely.
The 11/12 Low could have been the Low and ANY move above 1492 SPX confirms the Lows are in.
6 comments:
"12. There was finally some Big fund buying on 11/13, which is a statistically bullish sign for the next few days, weeks and months."
How do you know there was "big fund buying"? thanks
Ian,
Do you find any significance to
Fib 377 weeks from 8/28/2000 occurring in this timeframe?
Thanks,
Steve
Someone else agrees with you ...
http://www.youtube.com/watch?v=Y7HkyYhd7JA
feel free to delete as it is not intended as spam. I follow the content and your work. Keep it up.
You know Big funds are buying large chunks of stocks, when the NYSE Tick Score settles at +28, with good breadth 4:1 and 90% Up Volume on a +43 SP day. Also when trin is below 1.00, more buyers than sellers are present and when it settled .25 as it did on 11/13,it reflects a monstrously lopsided session as buyers overwhelm sellers. I get this info from markettells.com, very useful.
Steve, 9/1/00H + 377 wks is 11/23/07, could be a CIT, but you would need alot more timing evidence to confirm that.
HI I USED TO TALK WITH JAMES BROCK ALMOST EVRYDAY TELL BILLY SIGNORILE SAYS HELLO TELL HIM TO EMAIL I POSTED MY EMAIL FOR YOPU ON 10/19 COMMENTS
Sure Bill,
will let him know.
You can also call him at
210 432 7318
Ian
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