Tuesday, October 26, 2010

Review of Tuesday 10/26th intraday Times and Cycles


Review “Intraday 5 min CIT (Change in Trend) Times 10/26/10:  9.45, 12.35 pm EDT”

Actual:   9.40LOD, 12.30H. The 5 min CITs were solid hits.


Review: “Intraday Cycle:
10.00H, 11.00L, 12.30H, 2.30L, 3.50H If the 12.30 High is higher than the 1st hour High, then we should see a last hour High, other wise we see more weakness and a lower last hour High.”

Actual:  9.40LOD, 10.30H, 11.15L, 12.20H, 2.15L, 3.25HOD The intraday cycle was again followed well, with a 1st hour High, midday higher High and last hour highest High.


What's next for tomorrow 10/27?  As mentioned before tomorrow is my next Daily CIT and the hourly CIT arrives in the 1st hour tomorrow. Let's see how it unfolds.

4 comments:

Mouth said...

Raj when you say day CIT does this mean just for the day or CIT until the next CIT low?

SPX and NDX TimeandCycles said...

Mouth,

CIT is a Chnage in Trend, it could be a High or a Low. I had a daily CIT today as well as an hourly CIT, it could have been at the close yesterday as a High or it could have been the 11.10 Low.

SPX and NDX TimeandCycles said...

We bottomed yesterday on 10/27 Daily CIT

Mouth said...

Raj great job thanks