Review 12/13 Intraday Time and Cycles:

(A): " We will see a 12/10-13 High" (see (A) on chart)

""The current bias (but that can change quickly) is 11.00 will be a Low (1), 11.30 will be a High (2) and 1.10-15 pm will be a Low (3). So if we get an opening 9.40H+/-, we decline into 10.20-11.00 Low (Speculative), rally to a 11.30H+/-, decline to a 1.10-15 pm Low. We see a last hour Low (4)"

Actual: Time CITs (Change in Trend) could be Highs or Lows.

11.00 CIT was a 10.55H, 11.30 CIT was a Low, 1.10-15 CIT was a 11.05H.

The intraday cycle suggested a 1st hour Low (1), midday High (2) and last hour Low (4), which we have generally seen.