Thursday, September 22, 2016

9/23 swing High!

http://safehaven.com/article/42589/923-swing-high

Forecast from my 9/9 public post, I was looking for a 9/7 major High and a 9/12 Solar CIT.

Actual: 9/7H remains an important major High and 9/12 Solar CIT was a large range day that was both a High and Low. 


Forecast from the 9/18 weekend Report:  "9/19-23 should be volatile and choppy into 9/21 Fed CIT, but bias is 9/19H, 9/21L and rally into 9/23H. The Ezekiel Wheel cycle has 9/8H, 9/21-22L, 9/23H and decline into XXX Low."

ActualSince the 9/12 CIT Low, we saw a volatile chop into 9/21 Fed Day and formed a triangle, with a 9/19H, 9/21L and we are rallying into Friday 9/23H at the 9/23 Geo CIT and 9/23-26 Apex CIT. We back-kissed the old 2 month channel resistance yesterday.


What's Next: 9/23 +/-1 is the next swing High and the start of a relatively sharp decline.


Below is today's Daytrading's outlook:



Daytraders: The intraday cycle is a Low am to High pm day or Inverse, "with a possible 9.40 cycle High+/-, decline to a 10.30 cycle Low at the 10.15 time CIT."

We saw a 9.40H and a 10.15 1st hour Low. We should see a midday and last hour High.

Intraday 5 min SPX CIT Times 9/23/16: 10.15, 1.15 pm 


Actual: 10.15L

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

Actual: 9.40H, 10.15L

Friday sees a Low am to High pm day (or Inverse), with a possible 9.40 cycle High+/-, decline to a 10.30 cycle Low at the 10.15 time CIT, rally to a 12.45 cycle High+/-30, decline to a 1.40 cycle Low at the 1.15 time CIT, rally to a 3.30 cycle High+/-30 min.

3 comments:

SJ said...

Good Job Raj.

What's Next: 9/23 +/-1 is the next swing High and the start of a relatively sharp decline
into XXX.

XXX could be 7th of Oct.

SBL said...

October 17 is low geo point for Bradley Siderograph.

Friday low point actually at 1:50 pm ny time, but very close. at 1:15 pm i was worried that the day direction might be inverse (high in am at open, low at end of day at close)

thank you for sharing. hope to be able to earn $$$ to subscribe

Monsao said...

Nice job Raj and thanks for your expertise!