Wednesday, October 12, 2011

10/13 next short term High

We have been basically straight up since the 10/3-4 Solar CIT Low and have rallied 139 SP's so far into today's High

I have a 54/108 hourly Cycle (click on chart to enlarge) due tomorrow 10/13 that should be the next short term High

10 comments:

stevesteve121 said...

how long do short term highs usually last?

if the market does pull back what is your target?

will you make a post forewarning the flash crash?

thank you

Anonymous said...

Raj I now your CIT are usually +/- 1 day is is possible today is the high?

Ian G. said...

Steve,

short term means a few days to a week. I need to see the High first to calculate a pull back target.

I will post on the flas crash shortly. There are too many Bears around for the last 5 weeks straight.

C8, I think the high will come tomorrow

Gann360 said...

http://screencast.com/t/K4pjQdKIbEwe

http://screencast.com/t/zadM0Bey

http://screencast.com/t/9XmA5p9vG

Hi Raj, I had a Turn Date for Friday/Monday (give or Take a Few)and interestingly ,From the March 6TH,2009 Low.SPX First Leg Up, Rallied 139 Points, We just Matched That this Morning.

Just wanted to Share,

Goodluck

Gann360

Ian G. said...

Thanks Gann360, I enjoy reading your posts

Ian G. said...

Btw gann360,

please email me privately at

timeandcycles@gmail.com

I have something to ask you privately.


Thanks

Unknown said...

I think a five wave rally from the low will complete Wave C of II. It was a irregular flat correction. The Low was the end of wave B or II.

Ian G. said...

Unknown,

That is a possible count.

We'll see.

stevesteve121 said...

so if today (1220) was the short term top, what is a likely pull back target?

Ian G. said...

then 1150 would my best guess