Good Morning,
Intraday Cycle is the Pink lines (9.40L), 10.30H, 11.15L, 12.20H, 2.00L, 3.40H, all +/- 30 min
Monday sees a possible 9.40 cycle Low, rally to a 10.30 cycle High at the 10.10 time CIT, decline to a 11.15 cycle Low at the 11.05 time CIT, rally to a 12.20 cycle High at the 12.30 time CIT, decline to a 2.00 cycle Low+/-30, rally to a 3.40 cycle High+/-30.
Swingtraders: We rally into 3/18-21 High at the 3/21 Solar and Apex CIT, decline to a XXX Low and rally into XXX High
As all trends are Up, trading against the trend is like swimming upstream, so be alert.
Daytraders: The intraday cycle sees a 1st hour High, midday High and last hour High.
If the midday High is higher than the 1st hour High, it indicates strength and we will have an 80% chance we see a last hour highest High.
If the midday High is lower than the 1st hour High, it indicates weakness and suggests we see a last hour lowest High and lower Lows.
Intraday 5 min SPX CIT Times 3/21/16: 10.10, 11.05, 12.30 pm Eastern, all +/- 5-10 min
Actual:
Intraday Cycle is the Pink lines (9.40L), 10.30H, 11.15L, 12.20H, 2.00L, 3.40H, all +/- 30 min
Actual:
Monday sees a possible 9.40 cycle Low, rally to a 10.30 cycle High at the 10.10 time CIT, decline to a 11.15 cycle Low at the 11.05 time CIT, rally to a 12.20 cycle High at the 12.30 time CIT, decline to a 2.00 cycle Low+/-30, rally to a 3.40 cycle High+/-30.