With new closing highs that comes along with all kind of bearish divergences everywhere, we need to be alert for a High forming at any time, but when exactly?
Precise Timing is going to be critical. Once the Highs are in, we should see a relative sharp correction afterward.
These Change in Trends (CIT) tend to be exact,sometimes +/- 1 TD, although they work 70-80% of the time, so take the following fwiw.
The Dollar CIT is today 12/9, the Solar CIT is 12/9 is for the stock markets. The SPX itself has a 12/10-13 CIT. These next few days are a critical Time period to watch for the markets.
As mentioned in my previous post, even though there were many reasons for a 12/7/10 High (see December 7th post), my Master Cycle and Major cycle are the dominant Cycles to watch at the moment and are currently expecting higher Highs.
This is a stockmarket site for both intraday and swingtraders, trading the SP emini,ETF's like QLD, SSO, etc. Various Timing techniques and Cycles are researched. Precise Timing is everything. Both Intraday and daily Change in Trend (CIT) Times are calculated through several unique timing methods that are often exact or off by mostly +/- 5-10 minutes for intraday times and +/-1 day for the daily CITs. All the different Cycles in the SP 500 markets are discussed.
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