Monday, October 27, 2014

Monday 10/27 Intraday Times and Cycles

 On Friday evening, I posted on my public blog:
"10/24 Evening Update: Monday and perhaps Tuesday 10/27-28 should be down days, before we head higher once again"

From this past weekend report:

"Intraday 5 min SPX CIT Times 10/27/14: 9.35, 11.05, 11.35, 1.25 pm CIT Eastern.
Intraday Cycle is the Cyan lines: 79/21% (9.40H), 10.20L, 11.40H, 68/32% 1.00L/H, 2.00H/L, 3.40L/H. Monday sees an Inversion with a possible 9.40 High +/- and a 79% chance we see a 10.20 Low at the 11.05 CIT, rally to a 11.40 High at the 11.35 CIT, then there is a 68% chance we see a last hour Low and a 32% chance we see a last hour High."


Forecast: "Intraday 5 min SPX CIT Times 10/27/14: 9.35, 11.05, 11.35, 1.25 pm CIT Eastern."

Actual: 9.35 High, 11.11 High, 11.35 High, 1.25 High.
 


Forecast "Intraday Cycle is the Cyan lines: 79/21% (9.40H), 10.20L, 11.40H, 68/32% 1.00L/H, 2.00H/L, 3.40L/H."

Actual: 10.05L, 11.15H, 11.35H

We saw a 10.05 1st hour Low and a midday High as expected.

We now have a good 68% chance we see a last hour Low and a 32% chance we invert to a last hour High. 

If we see a last hour Low, then tomorrow sees a High am to Low pm day. 

If we see a last hour High, then tomorrow sees a Low am to High pm day.
   

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