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.
The weekly Dollar chart is in a down channel, we touched channel support at 72.70, right at the 5/3and this weekly Apex CIT, but only a rally above 75 is short term bullish.
We are approaching Long term support at the 3/17/08 Lows at 70.70.
I was also wondering how your cycle analysis interpreted this rise in the dollar on a weekly basis. If this is a CIT week and the dollar has a weekly green close, do you consider that a weekly top or a weekly bottom?
Thanks. Sorry about all the questions. Getting acquainted with your CIT analysis.
1 comment:
Hi Raj.
I was also wondering how your cycle analysis interpreted this rise in the dollar on a weekly basis. If this is a CIT week and the dollar has a weekly green close, do you consider that a weekly top or a weekly bottom?
Thanks. Sorry about all the questions. Getting acquainted with your CIT analysis.
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