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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
at

10 comments:

  1. stevesteve121October 12, 2011 at 10:04 AM

    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

    ReplyDelete
  2. AnonymousOctober 12, 2011 at 10:21 AM

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

    ReplyDelete
  3. Ian G.October 12, 2011 at 10:31 AM

    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

    ReplyDelete
  4. Gann360October 12, 2011 at 10:46 AM

    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

    ReplyDelete
  5. Ian G.October 12, 2011 at 11:12 AM

    Thanks Gann360, I enjoy reading your posts

    ReplyDelete
  6. Ian G.October 12, 2011 at 11:25 AM

    Btw gann360,

    please email me privately at

    timeandcycles@gmail.com

    I have something to ask you privately.


    Thanks

    ReplyDelete
  7. UnknownOctober 12, 2011 at 12:07 PM

    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.

    ReplyDelete
  8. Ian G.October 12, 2011 at 12:42 PM

    Unknown,

    That is a possible count.

    We'll see.

    ReplyDelete
  9. stevesteve121October 12, 2011 at 9:24 PM

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

    ReplyDelete
  10. Ian G.October 12, 2011 at 9:37 PM

    then 1150 would my best guess

    ReplyDelete