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Wednesday, February 20, 2008

2 intraday Times to watch today 2/20 LE

2 intraday Times to watch today 2/20 LE(There are more):

9.35 am CIT, most likely a LOW

12.20-30 pm, most likely a HIGH


As mentioned before, I am still expecting 2/21-22 CIT to be an important LOW.

9 comments:

  1. Think you've misread another cycle

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  2. Fed report will likely make this play out.

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  3. 9.40 was the Low and we did have a rally through midday and further into the close. That was a good enough call for me.

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  4. Raj,

    When you say "an important low" (for the 02-21 to 02-22 CIT), what is the timeframe until the next important change in trend date,...is it days or weeks?

    I look at the 3 week cycle, which typically lasts 13-14 mkt days low to low, and has an upward phase of 5-7 mkt days. Just wondering if your words "important Low" suggests a trend change of intermediate (weeks) to longer term (months) importance.

    Thanks much. Jim P.

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  5. Should be rather short term in nature. Watch for a retest of the Feb. 1 highs, anything above that is a gift to the bulls.

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  6. Lows are in, had an hourly CIT in the last hour, 2.55-4.00, looks like a good Pop into Monday-Tuesday is likely.

    It is good until my next daily CIT comes along, I apologize as that is reserved for Clients.

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  7. Thanks Raj,

    Great call on a LOW for 12-21 to 2-22. I was very surprised by the end of day reversal. Do you have a website that describes your service, ...or...how does one go about becoming a client?

    Regards, Jim P.

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  8. You can email me at

    timeandcycles@gmail.com

    for more information

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  9. As suggested the Feb high would be a challenge for the bulls off this cycle.

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