Intraday Updates Time and Cycles for Friday Dec 13, 2013.

4.05 pm Eastern T&C Intraday Update

"it is expected that tomorrow's intraday cycle will have a bearish bias and we can see a 2.20 Time CIT potential Low of the day"

The 2.20 Time CIT was projected to be the Low of the day and that is exactly what we got, a 2.25 Low of the day.

==================================================================
 
 2.20 Eastern T&C Intraday Update

1.35 pm Time CIT High was another Bulls-eye hit, next to the 10.25 am Time CIT Low.

An astute trader mentioned that my Intraday Time and Cycles has been posted elsewhere, with out mentioning the source: http://timeandcycles.blogspot.com/.

In the free week, you are allowed to post this elsewhere, only if you mention http://timeandcycles.blogspot.com/ along with it.

Copyright Reminder: It is illegal to copy or forward the content of the Raj T&C Daily Email and it may not be reproduced in part or in its entirety or posted elsewhere on any forum, without the consent of its author.

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

1.05 pm Eastern T&C Intraday Update

We are seeing a sideways movement so far and we made a 12.30 lower High (so far), which suggests weakness and a last hour lower High.

We retested yesterday's Low at the 10.25 CIT Low.

The 10.20 Time CIT was the 10.25 Low of the day so far.

Monday's intraday cycle sees a Low am to High pm day (or Inverse)

We need to solidly take out yesterday's lows and close below 1775 SPX to get a stronger decline going, otherwise it is possible the decline into 12/16 Low will be limited to the current Levels, especially if we keep going sideways.

Intraday 5 min SPX CIT Times 12/13/13: 10.20, 1.35, 2.20*, 3.55 pm Eastern

Actual: 10.25 Low, 1.35 High

Intraday Cycle is the Cyan lines: (9.40L), 10.00H, 11.00L, 12.30H, 2.30L*, 3.50H

Actual: 9.40 High, 10.25 Low,11.05 Low, 12.30 High?

==================================================================
10.15 am Eastern T&C Intraday Update

Good Morning,

The intraday cycle today normally has a bullish bias, with a 1st hour High and a normal bias to be higher, but as the hourly cycle turned lower, we should see a bearish bias and a down market today. Watch the intraday Mebob (below) for clues.

Here is what to look for:

If the midday High is higher than the 1st hour High, it indicates strength and we will then see a last hour highest High.

If the midday high is lower than the 1st hour High, it indicates weakness and we will then see a last hour lower High.

We still need to get a solid close below 1775 SPX to get a stronger decline going into Monday 12/16 Solar CIT Lows+/-1.

Overall, the bias is we should still see lower lows the next few days and make a 12/16 Lows.

Swing traders were looking for a 12/9 Solar CIT High and a decline into 12/16 Solar CIT Low.

12/17-18 is Fed Days in OE Crook's week.

 

Intraday 5 min SPX CIT Times 12/13/13: 10.20, 1.35, 2.20*, 3.55 pm Eastern

Actual:

Intraday Cycle is the Cyan lines: (9.40L), 10.00H, 11.00L, 12.30H, 2.30L*, 3.50H

Actual: 9.40 High, 10.00 Low,

Friday sees a possible 9.40 Low+/-, rally to a 10.00 cycle High at the 10.20 time CIT, decline to a 11.00 Low+/-30, rally to a 12.30 High+/-30, decline to 2.30 cycle Low at either the 1.35 or more likely the 2.20* CIT, we then rally to a 3.50 high at the 3.55 CIT.

Intraday Mebob Buy above 1770.50 /ES (Dec Emini SP)

Intraday Mebob Sell below 1769.25 /ES (Dec Emini SP)