Wednesday, November 23, 2011

The Master Cycle 2 update through Thanks giving weekend

The Master Cycle 2(MC2) (click on chart to enlarge) was/is  looking for:

1. A rebound 11/18 High +/-1
2. A relative sharp decline into 11/23 Lows (today)
3. 11/25 should have an Up bias

Intraday Times and Cycles for 11/23/11

Intraday 5 min CIT (Change in Trend) Times 11/23/11: 9.35, 10.35-45**, 11.35, 1.10 pm 1

Intraday Cycle are the Cyan lines: 9.40L, 10.00-30H, 11.15L, 12.20H, 2.00L, 3.00-40H

The intraday cycle normally has an Up bias, but the MC2 is looking for a down day and down close. 

Pure speculative path for today: 

down into 11.35 CIT, good Up into 1.10 CIT, then down again.

Good Luck and Happy thanks giving to you and yours.

1 comment:

Raj Time and Cycles said...

9.35 CIT was a 9.35 High, 10.35-45 CIT was a 10.35 Low

The 11.35 CIT was a 11.35 Low, look for a rally into 1.10 CIT.