Tuesday, January 15, 2008

Update hourly CITs


Let's review the hourly CITs published on the blog (Click on chart to enlarge):



1. 1/8@10.35-11.40 am => Result: 10.15 High of the day (pt 1 on chart)

2. 1/9@1.50-2.55 pm => Result: 2.20 pm Low of the day (pt 2 on chart)

3. 1/10@11.40-12.45 pm => Result: 12.30 High (pt 3 on chart)

4. 1/10@1.50-2.55 pm => Result: 3.40 pm High of the day (pt 4 on chart)


We have been declining ever since the 1/10 Highs. The reason I bring up these hourly CITs is there are 2 of them today:

5. 9.30-10.35 am => Result: High at close yesterday (pt 5 on chart)

6. 12.45-1.50 pm => Result: ??


The hourly CITs has been useful to determine the short term swings and could also be used to help determine the intermediate Highs and Lows.





2 comments:

Anonymous said...

very nice work on the CITs!

Raj Time and Cycles said...

Thanks, There were from my T&C Daily email alert to subs.