“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Thursday, 24 April 2014

24 Apr 2014

Markets have been whipsawing now for 3 days.  This is not what an impulsive should look like if we are expecting a CIT.  Nothing has changed in the ST which is still in an uptrend.  There is a possible subwave ABC pattern forming that could lead us to a target and support mentioned yesterday at SPX 1865-1860.

MT: DOWN
ST: UP
PA: NA

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2 comments:

  1. Unknown25 April 2014 at 07:39

    May I ask that how do you predict CIT zones?

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  2. MP25 April 2014 at 08:01

    CITs are based on cycle analysis. These are taken from those who study astro analysis. I know very little compared to those who have been doing it for years. They are also based on Time Fibs and Solar intensity. The outcome may not be a CIT but we should at least watch it for possible turns.

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