Review of the recent posted Cycle and CITs on my T&C blog:
1. The Friday 6/18 daily and hourly CIT near the close was the Monday 6/21 High at the open Major High.
http://timeandcycles.blogspot.com/2010/06/spx-right-at-critical-down-channel.html
2. The 6/29 post was looking for a Low, esp around the 7/1 Squared date: http://timeandcycles.blogspot.com/2010/06/update-5.html
3. The 7/13 Cycle High was pinpointed here:
http://timeandcycles.blogspot.com/2010/07/short-term-high-today.html
4. Recently I was looking for a 7/19 CIT Low, which was a 7/20 Cycle Low at the Open.
The 5 min CIT at 2.55 pm and Hourly CIT at 2.55-4.00 pm on 7/21 was the 2.55 Low of the day 7/21 (see hourly chart).
Raj Time and Cycles Daily Email is for both Stock market Swing traders and Day traders, trading the SP emini, ETFs, etc. Precise Master Timing makes all the difference! We use various proprietary Master Time & Cycle techniques to predict future Swing Highs and Lows+/-1,using Change in Trend (CIT) dates. For the Daytraders, we pinpoint the intraday CIT Times for the Highs and Lows +/- 5-10 minutes. We also use an intraday cycle technique that predicts the intraday Highs and Lows.
Thursday, July 22, 2010
Tuesday, July 13, 2010
Short term high today?
Markets rallied right into my Daily and hourly CIT at 10-35- 11.40 am at the 11.40 High of the day at 1097.07 SPX, right at double TL resistance and right at Maximum Open Interest at 1100 SPX, but is barely retreating so far.
Bullish momentum remains strong. Let's see what happens in the last hour.
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