Friday, April 11, 2008

Additional Notes on the 4/10 Daily CIT

The NDX back-kissed the broken TL at yesterday's Highs (click on chart to enlarge).

Yesterday's CIT needs some additional confirmation today.

If we take out yesterday's Lows, the CIT was a confirmed High (preferred bias).

If we take out yesterday's High, the CIT was a confirmed Low.

The CIT is valid until the next daily CIT comes along sometime next week..

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Anonymous said...

Here comes the next turn

TimeandCycles Intraday CITs said...

Close, I had 4/15/08 CIT Low @1.05-1.20 pm (actual Low was 1.15 pm)

Carl Horn said...

Bears just took a little break.