Tuesday, November 15, 2016
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 underlying strength and suggests a last hour highest High.
If the midday High is lower than the 1st hour High, it indicates underlying weakness and suggests a last hour lowest High and lower Lows.
Intraday 5 min SPX CIT Times 11/14/16: 10.35, 1.50 pm Eastern
Intraday Cycle is the Pink lines (9.40L), 10.00H, 11.00L, 12.30H, 2.30L, 3.20-50H
Tuesday sees a possible 9.40 cycle Low+/-, rally to a 10.00 cycle High at the 10.35 time CIT, decline to a 11.00 cycle Low+/-30, rally to a 12.30 cycle High+/-30, decline to a 2.30 cycle Low at the 1.50 time CIT, rally to a 3.20-50 cycle High+/-30 min.
Friday, November 4, 2016
Forecasts from my last 10/21 public post: "The 47 TD (Trading Days) alternating cycle, mentioned on September 9 2016, was looking for an early September High... 34 TD after the last 47 High is also a CIT...The 41-42 week cycle mentioned in that same post, also topped out at the same time and has an average 107 SP decline...The 47 TD Cycle suggests we see a choppy decline into 11/8 election Low, targeting 2093 SPX or 2069 SPX"
Actual: The last 47 TD cycle was the 9/7H and 33 TD later, we made an 10/24 swing High and declined a sharp 105 SP's from that 9/7H and 109 SP's from the 8/15H, fulfilling the 41-42 week price targets into 11/4 Low at 2083.79 SPX, close to the 200 DMA at 2082.30 SPX, and 2 TD from the projected 11/8L.
Numerology & the markets:
108 has been recently actively vibrating:
It has been 108 years since the Cubs won the World series.
so I figured 108 must also be active in the markets and found this cycle
108 week+/-1 wk Cycle: 8/27/10L - 9/14/12H - 10/15/14L - 11/08/16 +/-1 week.
There is also a 350 TD cycle that is due on 11/08/16 +/- week. Of course, all the fixed cycles can and do expand or contract, so the Low could already be in today 11/4, but there is a real election angst that should cause choppiness to lower into 11/8.
What's Next: The 47 TD Cycle is still suggesting a 11/8 Low+/-3 TD.