Friday, August 27, 2010

Lows are in

Here is what I had yesterday:

"The APEX of the daily Wedge is due on 8/27-30. Tomorrow should see a SPIKE Lower (than 8/25 Low) and reversal Higher. Ideal Target 1026 SPX +/-5, but any lower low should be good enough.

8/17 and 8/23 were both a Timing CIT and Cycle High. The next Time and Cycle Cluster Low is due on 8/27-30 Major Lows."


Beside that I had a geometric CIT today, while the dominant Cycle I have been watching was been followed Day for day, with yesterday's reversal Lowe and today's reversal Higher.


Markets spiked to a marginally lower Low satisfying the 8/27 Time and Cycle Cluster.

We should close on our highs today.



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2 comments:

william said...

hey ian , accepted your invitation and logged in... last post by you was from Frdiay -- hope I am viewing correctly

TimeandCycles Intraday CITs said...

That is correct william.

I haven't posted anything additional