Jump to content



Photo

December 10 swing Low


  • Please log in to reply
1 reply to this topic

#1 Rocketman

Rocketman

    Member

  • Traders-Talk User
  • 807 posts

Posted 11 December 2018 - 07:30 AM

December 10 swing Low
 
In my last public updates on 11/25 and 11/26, we were looking for a 11/23-26 swing Low.

From the 11/25 Raj T&C weekend Report: "We are declining into the 11/23-26 T&C Cluster suggesting a 11/23-26 swing Low (#1 on chart), we should then rally into 12/3H (#2) and see another decline into 12/10L (#3). We are expecting a hard retest of that 11/26L at the 12/10L.There is an outstanding 2580 SPX flagpole target"


spx%2Bhourly.gif

Actual: We bottomed on 11/23 Low rallied 169.10 SP's into 12/3 High and saw a sharper 217 SP decline into the 12/10 Lows, reaching our 2580 SPX Flagpole target.

What's Next: 12/10 should be another swing Low and we start another sharp rally into XXX swing High and see another decline afterwards.


Join our free forecasts and Updates at: 
https://twitter.com/TimeandCycles 
Email: timeandcycles@gmail.com

 



#2 Rocketman

Rocketman

    Member

  • Traders-Talk User
  • 807 posts

Posted 12 December 2018 - 09:25 AM

Flash Crash cycle
 
NDX is at long term channel support, a break below could trigger the Flash Crash cycle wave due in December 2018
DuOM2shW0AE7m-k.jpg