11/22-23 Time & Cycle Cluster

 Happy Thanksgiving

We are rallying as expected into the next 11/22-23 Time & Cycle (T&C) Cluster at the 11/22 Geo & 11/23 Solar proprietary Time CIT (Change in Trend) at the 237 TD Cycle 11/22 CIT.

Disclaimer
The contents of this article are for general information and educational
purposes only and should not be construed as an investment advice or
strategy. Past performance is no guarantee of future results. Trading in
Stocks, Options and Futures involve risks. Trade at your own risk.

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Tesla's 11/3 High and decline into 11/10-13 Low

From the 11/5 blogpost: "Shorter term, we have rallied into Tesla's 11/3-6 proprietary double Geometric time CIT (Change in Trend) High, while the Emini SP rallied right into down channel resistance. We should start a decent retrace into the next Time and Cycle cluster Low"

Actual: Tesla, one of the market leaders, followed the past week's forecast exactly. 

From Tesla's 11/3-6 Geometric time CIT High, we declined into Tesla's 11/10-13 Geo CIT, which was a perfect trade, when we almost filled Tesla's 11/2 Gap at 205.66 this morning. Tesla's Low was 205.69 and a 65% retrace into the 11/10-13 Tesla's Geo CIT. However, Tesla may still need to decline more Monday if we close on our Highs Friday, then Monday's intraday cycle is biased lower.

Technically, Tesla's 113/-6 Geo CIT did not apply to the SPX, which I incorrectly assumed it would as the SPX has continued to chop sideways the last 5 TD into 11/10-13 Geo CIT.

Disclaimer
The contents of this article are for general information and educational
purposes only and should not be construed as an investment advice or
strategy. Past performance is no guarantee of future results. Trading in
Stocks, Options and Futures involve risks. Trade at your own risk.

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Short term High

From the 11/1 blogpost and on Twitter: "Tesla, one of the market generals, has a 206 TD cycle of Lows due 11/1L+/-1. We saw 10/31L at 194.07 so far."

Actual:  From 10/31L at 194.07, Tesla rallied a whopping 32.30 points, a 16.64% rally in only 3 days. As Tesla is one of the 7 generals in the markets, the SPX 500 also rallied a strong 269.84 SP's or 6.5% from its 10/27L into 11/3H.

What's Next?: Shorter term, we have rallied into Tesla's 11/3-6 proprietary double Geometric time CIT High, while the Emini SP rallied right into down channel resistance. We should start a decent retrace into the next Time and Cycle cluster Low, before we rally again.

Disclaimer
The contents of this article are for general information and educational
purposes only and should not be construed as an investment advice or
strategy. Past performance is no guarantee of future results. Trading in
Stocks, Options and Futures involve risks. Trade at your own risk.

Join our free forecasts and Updates at:

http://timeandcycles.blogspot.com/

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Email: timeandcycles@gmail.com

Bitcoin near Long term channel resistance

Bitcoin closed higher today, but close to Long term red channel resistance. The daily trends are higher on bullish news.

Tesla's 206 TD cycle of Lows due 11/1L

 

Tesla, one of the market generals, has a 206 TD cycle of Lows due 11/1L+/-1.

We saw 10/31L at 194.07 so far.

Disclaimer
The contents of this article are for general information and educational
purposes only and should not be construed as an investment advice or
strategy. Past performance is no guarantee of future results. Trading in
Stocks, Options and Futures involve risks. Trade at your own risk.

Join our free forecasts and Updates at:

http://timeandcycles.blogspot.com/

https://twitter.com/TimeandCycles

Email: timeandcycles@gmail.com