This is a stockmarket site for both intraday and swingtraders, trading the SP emini,ETF's like QLD, SSO, etc. Various Timing techniques and Cycles are researched. Precise Timing is everything. Both Intraday and daily Change in Trend (CIT) Times are calculated through several unique timing methods that are often exact or off by mostly +/- 5-10 minutes for intraday times and +/-1 day for the daily CITs. All the different Cycles in the SP 500 markets are discussed.
From last night's email: "For Monday, the bias is UP atleast in the first hour, down into Midday (11.40 am), as it is an inversion day, we'll have to see how it unfolds afterwards, but the bias is for a rally into 2.35 pm atleast.**
Speculative Path:10.45-55 High, 11.40L ,2.35 High." We got an 11 am High, a decline into noontime, 12.30L and we also got the rally to 2.35 pm High of the day and promptly reversed 11 SP's. Not too shabby.
Amazingly we remain in a sideways trend (click on hourly chart to enlarge). The expectation is for another 1-2 day rally and some more choppiness. There is a CIT at 11 am and 1.30 pm tomorrow, which is likely going to be the Highs of the day.
From yesterday's update: "I have a 9.40 and 9.55 am CIT" When the markets gapped down this morning, it was obvious a Low was being made in the first half hour.
The 9.55 CIT was the LOD sofar, looks like a down day, which should basically continue into 2/22 Lows.
From 2/1/08 High, we have made 5 waves down and are now in wave 2 up (Click on chart to enlarge).
The next hourly CIT arrives 2/8@1st hour. If a High, we should be down into OE week. Friday's 2/8/08 Bias: High of the Day is expected in the 1st hour (or at 2.05 pm), Noon Low, rally to 2.05H, decline into last hour. (from daily email to subs)*
CITs (Highs or Lows) 2/8/08: 9.35, 11.50, 2.05, 3.10 pm, Hourly CIT 2/8@10.35 am
