Intraday 5 min SPX CIT Times 6/28/16: 10.05, 11.10, 11.25, 12.40, 3.35 pm Eastern
Actual: 10.05H, 11.10L
Intraday Cycle is the Pink lines (9.40L), 10.00H, 11.00L, 12.30H, 2.30L, 3.50H
Actual: 10.05H, 11.10L
If the midday High is higher than the 1st hour High, it indicates strength and suggests we will see a last hour highest High.
If the midday High is lower than the 1st hour High, it indicates weakness and suggests we will see a last hour lowest High and lower Low.
7 comments:
What's next: The dominant cycle is looking for a 6/24-27 swing Low at the 6/27 Geometric Time CIT, chop around and then start a new rally phase.
not sure what you meant by 'chop around' as the market just went up almost a 100 points. You did get the bottom right though.
"today, 1 July 2016, is 242 = 2x11x11 weeks after 11/11/11. Maybe a reference to
all those ^^^^^^ tops made around the Dow 18k level since early December 2014" :-)
Do you think we take out highs soon?
Yes, we should eventually see new Highs
do you see this going down hard again before the year ends?
Unfortunately it seems this site is no longer updated. I have been watching for signals before becoming a paid subscriber to follow accuracy.
We have had plenty of years of examples on this site. We were looking for a 7/22H, 7/27L and 8/1H, which we have now seen. I am on vacation, will be back home mid August.
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