Tuesday, November 28, 2017

The upcoming December 2017 Swing High

From my 11/14 T&C blog post: "We bottom at the 11/13-15 triple CIT and start a rally"

Actual: We bottomed at the 11/15L and has since rallied into today. 

Since early October Low, almost 2 months now, we have been stuck in a sideways to Up channel in the Emini SP. There are a couple of reliable cycles that are due to top out in December, which will be followed by a relative sharp decline afterwards. Be prepared.

Tuesday, November 14, 2017

Forecast from 11/7 vs Actual & Intraday Times & Cycles for 11/15/17

Forecast from 11/7 Update: "we are rallying into the 11/7 Solar CIT suggesting a 11/7H forming. From there we see a choppiness and a decline into the next Monday 11/13 Geo CIT, bounce into 11/15 Solar CIT"

Actual: From the 11/7 Solar CIT High, we declined into 11/14L at the 11/13 & 11/14 Geo & 11/15 Solar time CIT, touching key Cyan channel support. We should see a decent rally phase from here into the next Time CIT.

What's next: We bottom at the 11/13-15 triple CIT and start a rally.

Intraday Time and Cycles for Nov 15

Intraday 5 min SPX CIT Times 11/15/17: 10.30, 11.20, 12.45, 1.40A, 2.55hrl, 3.40  pm Eastern

Intraday Cycle is the Pink lines (9.40L), 10.30H, 11.15L, 12.20H, 2.00L, 3.40H

Wednesday sees a possible 9.40 cycle Low+/-, rally to a 10.30 cycle High at the 10.30 time CIT, decline to a 11.15 cycle Low at the 11.20 time CIT, rally to a 12.20 cycle High at the 12.45 time CIT, decline to a 2.00 cycle Low at the 1.45 Apex & 2.55 hourly time CIT , rally to a 3.40 cycle High+/-30 min.

Thursday, November 9, 2017

Review Intraday Time CITs 11/9/17

Twitter Update 11/9/17

Globex futures - 13.50 on worries about Tax plan

Intraday cycle stuff suggests a 1st hour Low and last hour High Intraday 5 min SPX CIT Times 11/09/17: 9.55, 11.05 am Eastern

Wednesday, November 8, 2017

Twitter Update 11/8/17

The intraday cycle is an Inversion day with a high 79% chance we see a 1st hour 10.20 High+/- and if seen there is a 68% chance we see a last hour High and a 32% chance we invert. Intraday 5 min SPX CIT Times 11/08/17: 10.05, 10.55, 11.50, 1.20 pm Eastern

18 Gaps below since 1/1/17

Markets remain in an Up channel since 8/21L and since 10/25L has formed a contracting wedge/triangle. Make or Break is right around the corner.

We have seen max 2 corrections of 34 SP's max and 5 Trading Days corrections since 8/21L. A true CIT takes place when we see > 34 SP's decline and > 5 TD. Until then all trends remains Up