You are here: will channel support hold?
This is a stockmarket site for both intraday and swingtraders, trading the SP emini,ETF's like QLD, SSO, etc. Various Timing techniques and Cycles are researched. Precise Timing is everything. Both Intraday and daily Change in Trend (CIT) Times are calculated through several unique timing methods that are often exact or off by mostly +/- 5-10 minutes for intraday times and +/-1 day for the daily CITs. All the different Cycles in the SP 500 markets are discussed.
Similarly, NDX and Bitcoin (see previous post) is declining into Bitcoin's 9/9-10 proprietary triple Geo Time CIT, suggesting a Time and Cycles swing Low being made.
1. The 3/13/20 red Trendline acted as Key resistance at the recent 9/6/21 swing High, the 70.7% retrace.
2. The other trendline will act as Trendline support around 39485, close to the 55% retrace.
3. The pink vertical lines are proprietary Geometric Time CITs (Change in Trend = High or Low) and we are declining into 9/9-10 triple Geometric Time Cluster, suggesting a 9/10 swing Low.
4. The 68 TD Cycle last saw the 1/8/21 High, 4/14/21 High and 7/20/21 swing Low is next looking for an 10/21 High or Low, right at the 10/22 Geo Time CIT.
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5. The proprietary NDX Master Cycle remains active. It recently projected a 9/7-8H and we saw a 9/7 NDX High and is now looking for a sharp decline into 9/10 swing Low, supporting the above Bitcoin outlook.