Monday, January 12, 2015

Update on the previous forecast # 4



Good Morning,
Welcome to Option Expiration Crook's week, where the various Times and Cycles tends to get skewed, making anything possible. That said, there are still decent odds of the following:


Swingtraders:
The 1/9 Solar CIT was the 1/9 High. We are looking for a mini wave C decline into 1/13L at the 1/14 (not 1/13 as previously mentioned) geometric CIT. We already achieved the minimum 50-6% retrace that was mentioned to subscribers, but we could see more by tomorrow.

Daytraders: The intraday cycle is a Low am to High pm day (or Inverse)

We saw a 9.30 High and a sharp decline to a 10.05 1st hour Low. If it is a Low am to High pm day, we should now see  a midday High.

Tomorrow sees a 1st hour Low and bias lower.

Intraday 5 min SPX CIT Times 1/12/15: 10.05, 11.15, 11.55  pm CIT Eastern.

Actual: 10.05L

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

Actual: 9.35H, 10.05L

 Monday sees a Low am to High pm day (or Inverse), with a possible 9.40 High+/-, decline to a 10.30 Low at either the 10.05 or 11.15 CIT, rally to a 12.45 High at the 11.55 CIT, decline to a 1.40 Low+/-30, rally to a 3.30 High+/-30.

Intraday Mebob Buy above 2020.75 /ES (Mar Emini SP)

Intraday Mebob Sell below 2018.00 /ES (Mar Emini SP)



From last night's 1/12 Report: "It is possible today (1/12) was the Low of the week and 1/14 becomes a retest Low, especially if tomorrow (1/13) rallies."

1/14 Morning Update: We are still looking for the C wave Low to complete today at the Jan 14 geometric time CIT (Change in Trend) 

2 comments:

Raj Time and Cycles said...

From last night's 1/12 Report: "It is possible today (1/12) was the Low of the week and 1/14 becomes a retest Low, especially if tomorrow (1/13) rallies."

Raj Time and Cycles said...

Still looking for the C wave Low to complete today at the Jan 14 geometric time CIT (Change in Trend)