Intraday Time and Cycles Updates Monday Dec 16, 2013

2.05 pm Eastern T&C Intraday Update


Markets so far made a 10.01 High and has been gradually declining, but still at lofty level, but the intraday cycle is still not crystal clear.

The best guess is that we are seeing a High am to Low pm day (green lines), which would suggest a last hour Low.

If correct then tomorrow sees a 1st hour High and bias to be higher.

From the 12/9 Solar High we were expecting a decline into 12/16 Solar CIT, which arrived at the 12/13 Low, 1 TD earlier.

Intraday 5 min SPX Time CIT 12/16/13: 10.50, 11.25*, 12.00 pm Eastern

Actual: 10.55 High, 11.30 High, 11.55 High

Intraday Cycle is the Cyan lines: (9.40H), 10.30L, 12.45H, 1.40L, 3.30H or Inverse 10.30H, 12.30L, 1.30H, 3.30L

Actual: 10.00H, 11.05L, 11.30H, 1.10L, 1.30H

===============================================================

10.45 am Eastern T&C Intraday Update

From the regular Raj T&C Daily Email:

"From Bill Meridian: “Since 1885 Jupiter trine Saturn coincides with lows and Jupiter trine Neptune coincides with short term highs. The next Jupiter 120 Saturn is tomorrow 12/13/2013L, which is 1 TD away from our 12/16 Solar CIT Low."

"We need to solidly take out the 1772 SPX intraday lows and decisively close below 1775 SPX to get a stronger decline going, otherwise it is possible the decline into Monday 12/16 Solar and Geometric CIT Low will be limited to the current Levels"

We jumped above the 5 min mini triangle, which is bullish and suggests a Low is already in.

Often in OE week, If one day is Up, the next day is down and next day is Up.

So far we have seen a 10.01 High and a 10.40 Low (in progress)

The Intraday cycle is a Low am to High pm day or could be inverted.

We need more data to confirm either way and see if Midday 12.30 is a High or a Low.

Today will determine what tomorrow's intraday cycle will be.

Intraday 5 min SPX Time CIT 12/16/13: 10.50, 11.25*, 12.00 pm Eastern

Actual:

Intraday Cycle is the Cyan lines: (9.40H), 10.30L, 12.45H, 1.40L, 3.30H or Inverse 10.30H, 12.30L, 1.30H, 3.30L

Actual: 10.01 High, 10.40 Low (in progress)

Monday sees a Low am to High pm day (or Inverse), with a possible 9.40 High+/-, decline to a 10.30 cycle Low at the 10.50 time CIT or more likely the 11.25 CIT LOD, rally to a 12.45 High at the 12.00 CIT, decline to a 1.40 Low+/-30, rally to a 3.30 High+/-.

Intraday Mebob Buy above 1785.25 /ES (Dec Emini SP)

Intraday Mebob Sell below 1783.25 /ES (Dec Emini SP)

===============================================================

9.25 am Eastern T&C Intraday Update

 

Good Morning,

Globex Futures are +8,75 after being down as much as -9.00.

Welcome to Option Expiration Crooks week, which often has an Up bias and tends to skew the times and cycles.

It is possible that the projected 12/16 Solar CIT Low arrived at the Globex Low and 1 TD earlier at Friday 12/13 Low.

We will have to wait and see how much it retraces today to get a better idea.

Today is a Low am to High pm day (or Inverse) and we should see a 1st hour 10.30 Low+/-, which means either way we should expect some retrace.