Raj Times and Cycles

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.

Friday, May 6, 2011

Make or break Day

The majority of the Cycles, including the Long term and master Cycles that called the 4/29-5/2 High (see previous posts) , were now looking for a 5/4-5 Low, which we have seen sofar, but today was a Make or Break day as we had to reverse higher today or be proven wrong.

The Jobs report was seen as bullish as Globex futures are + 12.00 SP's at the moment, which is a good start.

A rally and close above 1346 SPX down trend line (DTL) was needed to get short term bullish.

2 comments:

Big Bang Investor said...: Raj,

When you say a 1346 close WAS needed to become bullish the market, are you referring to a close above 1346 on Thursday or Friday?

Thanks.; May 6, 2011 at 9:04 AM
Raj Time and Cycles said...: Any close above 1346 today is bullish short term; May 6, 2011 at 9:54 AM

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Friday, May 6, 2011

Make or break Day

2 comments: