
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.
very nice work on the CITs!
ReplyDeleteThanks, There were from my T&C Daily email alert to subs.
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