Thursday, May 19, 2011

The 5/16-18 CIT Time Cluster and Cycles update


I had an important Change in Trend (High or Low) Time Cluster on 5/16-18.

5/16/11 is:
      1.  8/16/07L+37^2
      2. 8/11/08H+144 wk cycle High
      3. 04/26/10H + 1 X 55 wks = 5/16/11 
      4. 03/17/08L + 3 X 55 wks = 5/16/11
      5. 5/01/00H + 24 Squared weeks = 5/16/11
      6. geometric CIT.

5/17/11 is :
1.    9/2/08H+987
2.    3/17/08L+34^2
3.    7/18/06L+42^2,
4.    02/07/06L + 5 X 55 wks = 5/17/11,
5.    10/10/02 Major Low + 3141 CD = 05/17/11
6.    geometric CIT
7.    Apex NDX CIT
8.    Sun 30 Jupiter 05/17

5/18/11 is:
1.    5/6/10 Flash crash + 377
2.    1/19/10H+22^2
3.    Geometric CIT
4.    Venus 030 Uranus 05/18

Yesterday, 5/18, we managed to close at 1340.68 SPX, right at the 5/6 close at 1340.20 SPX, which was almost 2 weeks ago, showing the sideways and choppy nature of this market and frustrating both the Bulls and Bears alike, as we really didn’t go anywhere in these past 2 weeks. 

Cycles: Originally I was looking for a 5/17-18 CIT High, but this past Monday, 5/16, an updated Forecast for the next 3-4 weeks was sent out, that suggested the 5/16-17 cluster CIT would be a Low instead and that we should still see a couple of higher Highs further down the road at future projected dates.   

We are not out the woods yet, as we still need to rally right away and close above a certain price to confirm the bullish cycles are correct.

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