Sunday, June 17, 2012
Long Term Timing Points
Precise Timing is Everything in this Business.
I use 2 proprietary Timing techniques to help me pinpoint future "Change in Trend" (CIT) Dates. One is "Geometric" CITs and the other that I have found highly accurate over time are "Solar" CITs. A CIT could be a High or a Low. The rule is, if we rally into the CIT date and reverse out of it, it will be a High and if we decline into the CIT Date, and reverse out of it, it will be a Low.
Since early January 2012, I had a rare 3 long term geometric SPX CITs, covering Decades, all clustering on one date, Friday 6/1/12, which became the Monday 6/4/12 Low right at the Open. Originally I was looking for a 6/1-4 secondary High, but as we declined into it, it became a 6/4 Low and the cycles were proven incorrect. We have now rallied for 2 weeks ever since this important 6/4 Low.
I now have another important Long term NDX CIT coming up that should mark an important High or Low. This date is also supported by a Solar CIT on this date. Again if we rally into this date, it will become an important High and if we decline into this date, it will become an important Low.
My current cycles indicate we are still in a long term Panic window and this date will be an important High or Low to watch.