• 288 days Will The ECB Continue To Hike Rates?
  • 288 days Forbes: Aramco Remains Largest Company In The Middle East
  • 290 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 690 days Could Crypto Overtake Traditional Investment?
  • 695 days Americans Still Quitting Jobs At Record Pace
  • 697 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 700 days Is The Dollar Too Strong?
  • 700 days Big Tech Disappoints Investors on Earnings Calls
  • 701 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 702 days China Is Quietly Trying To Distance Itself From Russia
  • 703 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 707 days Crypto Investors Won Big In 2021
  • 707 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 708 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 710 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 711 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 714 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 715 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 715 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 717 days Are NFTs About To Take Over Gaming?
Strong U.S. Dollar Weighs On Blue Chip Earnings

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

  1. Home
  2. Markets
  3. Other

Forecast Update

Update on the previous forecast # 4

$SPX Chart
Larger Image

$SPX Chart
Larger Image

Welcome to Option Expiration Crook's week, where the various Times and Cycles tends to get skewed, making anything possible. That said, there are still decent odds of the following:

Swingtraders: The 1/9 Solar CIT was the 1/9 High. We are looking for a mini wave C decline into 1/13L at the 1/14 (not 1/13 as previously mentioned) geometric CIT. We already achieved the minimum 50-6% retrace that was mentioned to subscribers, but we could see more by tomorrow.

Daytraders: The intraday cycle is a Low am to High pm day (or Inverse)

We saw a 9.30 High and a sharp decline to a 10.05 1st hour Low. If it is a Low am to High pm day, we should now see a midday High.

Tomorrow sees a 1st hour Low and bias lower.

Intraday 5 min SPX CIT Times 1/12/15: 10.05, 11.15, 11.55 pm CIT Eastern.

Actual: 10.05L

Intraday Cycle is the Cyan lines: (9.40H), 10.30L, 12.45H, 1.40L, 3.30H

Actual: 9.35H, 10.05L

Monday sees a Low am to High pm day (or Inverse), with a possible 9.40 High+/-, decline to a 10.30 Low at either the 10.05 or 11.15 CIT, rally to a 12.45 High at the 11.55 CIT, decline to a 1.40 Low+/-30, rally to a 3.30 High+/-30.

Intraday Mebob Buy above 2020.75 /ES (Mar Emini SP)

Intraday Mebob Sell below 2018.00 /ES (Mar Emini SP)

 

Back to homepage

Leave a comment

Leave a comment