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Cycles update


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#1 Rocketman

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Posted 01 October 2009 - 10:55 AM

http://timeandcycles.blogspot.com/

Posted in the T&C Forum and Raj T&C Daily Email on 9/28:

"I was looking for a 9/24 Low, which arrived 1 TD later on 9/25L. The Master Cycle (MC) is looking for a brief rally, watch 9/29 at 9.50 EDT for the next High of the week!"

http://3.bp.blogspot.....px+hourly.gif

Actual: we made a 9/29 High at 9.55 am and have been hard down ever since. Short term support is at 1036 and 1030 SPX. It should get real interesting when we close the 3/6L-7/8L-9/2L uptrend line, currently at 1047 SPX.

http://4.bp.blogspot.....spx+daily.gif

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#2 Rocketman

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Posted 01 October 2009 - 11:07 AM

Fwiw, I have a 90% chance we see a last hour Low of the day

#3 opinionated

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Posted 01 October 2009 - 11:19 AM

Rocketman, I believe Im seeing a low at 1025 with an attempt at a rally to new highs into 2nd week of oct. Is this 180 of what you see? Thanks

#4 mini-trader

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Posted 01 October 2009 - 11:38 AM

1025.75 or 1001 for a low?

"Bottoms come fast...Tops take forever"

#5 arbman

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Posted 01 October 2009 - 12:21 PM

I told you so. :purebs:

#6 Rocketman

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Posted 01 October 2009 - 12:57 PM

Op, I don't see what you're looking for, but it looks like we will close below the LT uptrend, which is a good Bear signal and targets much lower than your 1025.

Edited by Rocketman, 01 October 2009 - 12:58 PM.


#7 Rocketman

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Posted 01 October 2009 - 01:48 PM

Intraday, The 2.45-3.00 pm is a Cluster CIT, a Time to watch closely