Tuesday, June 29, 2010

Update 5

The 2.55 Hour CIT is +/-1 hour and we are in the window for a Major Low and reversal higher, 3.35 pm may be the LOD, so be alert.

Let's not try to get too cute trying to figure out the exact Low. 

We are in the window for the Low to occur.

Friday, June 18, 2010

SPX right at critical down channel resistance

SPX right at critical down channel resistance. 

There is a triple cluster geometric CIT at 6/18-21 and a Solar CIT on 6/22. 

There is also a Sun Jupiter square early am 6/23 that should be watched closely. 6/21-22 should be an important Turn. 

For today 6/18, there is a double hourly CIT at 2.55-4.00 pm. 

Sunday, June 13, 2010

Trapdoor to Heaven or Hell

The NDX has been in a Triangle formation ( large trading range) since the 5/6 Flash Crash low.  The Apex is on 7/2/10.
The Trapdoor to Heaven is any solid close above 1900 NDX and 1105 for the SPX.

The Trapdoor to Hell is any solid close below the 5/6 Low at 1752 and 1040 SPX.

The triangle is narrowing, so we should break one way or the other soon. 

Any break of this triangle will cause a large swift move.