Actual: We saw an 10/12 major Low and an 10/15 Globex Low, before a sharp rally.
Monday 10/15 intraday Update: "So far so good. We rallied above the bullish descending wedge DTL and 1433 SPX confirming the 10/12 triple CIT was the Low.We should now rally into 10/16-17 Solar CIT High. The current bias basis CITs: rally into 10/17H at 1st hour CIT, decline into 10/19L at last hour CIT"
Tuesday 10/16: "There is a descending triangle target around 1457-59 SPX, right at the 70.7% retrace."
Actual: We rallied right into 10/17 High, achieving the projected 1459 SPX Wedge Target and closed right below the 78.6% retrace at 1460.91 SPX. The intraday High was achieved right at the Apex (yellow) of the descending wedge, suggesting atleast a short term 10/17 High.
What's next?: We should make a decline into the next geometric CIT due on 10/19. There is an hourly CIT due in the last hour of Friday 10/19. The intraday Cycle today 10/18 is a "Low am to High pm" day, which suggests a 1st hour Low and a last hour High (see chart above).