From 12/28/12 Email: "We expected the 12/27L and reversal higher, which we saw, but the lean is we continue the choppy
decline into 12/31L"
From 12/29/12 Email: "We expect a 12/31 Low, right at the 1/1 Solar, 12/28 Bradley, Time & Price square on 12/29 and MTC due on 12/30-31, then see a potential sharp rally into the long term CIT."
From 12/31 Update: "6/4/12L - 9/14/12 yearly High = 1474.51-1266.74 = 207.77 SP
6/4/12L + 207.77 CD = 12/28-29 Low"
Actual: Various Time and Cycles were looking for a 12/31 Low and the Fiscal Cliff deal caused a Monday 12/31 Low right at the open in the SPX Cash, although SP futures made its Low at the close of Friday 12/28L. The Time & Price Square due 12/28-29 and 1/1 Solar CIT worked its charm.
Here are some previous examples of Time & Price Squares:
4/2/12H-6/4/12L = 155 SP's
4/2/12H + 155 CD =09/04/12L
A New Year's Poem
Forget your perfect offering
There is a crack, a crack in everything
That's how the light gets in."
Leonard Cohen
Happy New Year!
From 12/29/12 Email: "We expect a 12/31 Low, right at the 1/1 Solar, 12/28 Bradley, Time & Price square on 12/29 and MTC due on 12/30-31, then see a potential sharp rally into the long term CIT."
From 12/31 Update: "6/4/12L - 9/14/12 yearly High = 1474.51-1266.74 = 207.77 SP
6/4/12L + 207.77 CD = 12/28-29 Low"
Actual: Various Time and Cycles were looking for a 12/31 Low and the Fiscal Cliff deal caused a Monday 12/31 Low right at the open in the SPX Cash, although SP futures made its Low at the close of Friday 12/28L. The Time & Price Square due 12/28-29 and 1/1 Solar CIT worked its charm.
Here are some previous examples of Time & Price Squares:
4/2/12H-6/4/12L = 155 SP's
4/2/12H + 155 CD =09/04/12L
A New Year's Poem
Forget your perfect offering
There is a crack, a crack in everything
That's how the light gets in."
Leonard Cohen
Happy New Year!
7 comments:
nice call
Happy new Year Raj.
Best regards
Thanks John & Trendtrader,
and Happy New Year to you as well
hi,
last Friday S&P minor high?
So it could be possible that next Tuesday a minor low occur. After that market should be up into Friday next week?
Best regards
trendi
hi,
last Friday S&P minor high?
So it could be possible that next Tuesday a minor low occur. After that market should be up into Friday next week?
Best regards
trendi
With cash pouring into stocks, bullish cycles should continue to prevail
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