Trendsby3

The Great CIT Candle Hunt

2018-11-13T00:37:00.000-05:00

Click chart to enlarge Jerry
Updated Feb 18th 2019 @jerryo1314

Is there a CIT candle?

I think there maybe and on my spread sheet I have it marked as “sell the next day”.

I now need to drill down and find out how I can spot one live.

I offer 3 dates to look at:

8-30-18, 10-2-18,11-8-18

Of these 3 dates I have found no pattern C.D. or T.D. nor is it a delta color days pattern. This I know!

It is a 20 or less point range day.

Can’t be more than +/- 3 point from mid range H+L/2

No more than .097% from mid range to close.

Two days had 1 pt difference between open and close not sure if important.

There is a connection to the moon I believe needs more work.

I will think about this more and I am open to suggestions.

Jerry Nov.9^th 2018

@jerryo1314

Great candles book: search the internet for "candlestick_patterns_trading_guide" by
Think Markets.

NR 7
http://thepatternsite.com/nr7.html

I'm thinking it's more of a spinning TOP black or white but this what his site offers and
StockCharts.com offers other examples.

Updated Moon Chart

2018-09-25T02:25:00.001-04:00

My view

2018-07-03T01:12:00.001-04:00

The moon should create a CIT here for maybe 2 weeks.

OB OS Indicators

2018-04-26T01:35:00.001-04:00

Consider this Diamond pattern

2018-03-23T02:50:00.003-04:00

I built a chart that I saw on Bloomberg with target.
I don't know if we will go this low but wave 5 down is still unwinding.

SPX

2018-03-16T01:27:00.001-04:00

Consider this! SPX

First we have a new moon on Friday.

We have option expiry usually up. Failed ones plunge big.

We have 4 red days a new pattern?

We have a yellow or -1 day, yellow color not working?

Break down yellow means we will rally Monday at least if not a big intraday turn up Friday.

I have no crossover so remain on sell but big move up will change that.

No matter what Monday is up from past data little/big ? One day wonder or more?

Jerry

2018-03-02T23:19:00.000-05:00

Still think more downside. Double bottom plus.
Friday was a head fake I believe.

update

2018-02-25T01:57:00.000-05:00

Test of low ahead+ EW

2018-02-18T01:09:00.001-05:00

Sat Feb 17^{th 2018}

^Scenario’sbased on the past.

Looking for big drop of 307 +/- SPX points. Next week a holiday week is big compression. Drop should take 8TD till March 1st-2^nd.

We could just see a double bottom.

What would make this scenario wrong? If we close above SPX 2763.39

What do I see?

ROC,RSI,CCI,A/C,MACD weakess after 5 fibs of advance.

OBV & MFI too strong

We hit the 200 dma now back to 25 dma or 80% dma up rally.

Looking at the wave chart we see us at circle of danger .618

We see wave (2) 2839 – wave (3) 2532 or 307 pts.

If wave 2&3 =307pts then wave (4) to (5)- 307 pts roughly.

We could be at SPX 2454/2426 some time in the next 8 TD

If we take 8TD to hit a double bottom that will be it.

We then rally sharply to new highs, or a slow rally probably offers a failure to newer lows.

Jerry O

Feb 2018

2018-02-16T02:04:00.001-05:00

Blue line was the ST-top. Today is Thursday 15th close and we are at 50 dma.

Where we are at.

2017-10-03T23:42:00.000-04:00

Resistance

2017-06-05T17:40:00.000-04:00

It was an inside day I consider bullish but will go with Aget and this Chart.

Short term top?

2017-06-04T22:58:00.001-04:00

Advanced Get with 5 of V on June 2nd 2017

Cycle watch 22/26

2017-05-19T22:52:00.000-04:00

Update- Sunday- Goodness 7 up days in a row, did any one have that on their radar?
I guess I will have to see how this plays out till jobs number Friday.
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Cycle watch- was 16th 17th big enough ?
I felt they would be up big unless they inverted and yes they inverted. I tried to buy OEx in the money calls both on the 17th close and the 18th open but 0 volume.

Week of 22-26 I have the 22nd double digit move dn and the 26th double digit move up polarity one up one down or inverted.
Jerry

VIx is bullish 16th 17th???

2017-05-11T23:46:00.001-04:00

May 16^th -17^th on watch cycle!

Disclaimer: For fun and games use with your own work.

Short Term trading.

The week of May 15th to 19^th or option expiration week with Oex as the lead group.

Using my color day pattern I see Monday down with Tuesday and Wed as big rally days.

You should know by Monday close where we are going.

This is based on a cycle ( my hidden cycle ) , of course with cycles it could

invert IE: Tuesday Wed down big.

Read more about color days on this web site search delta-phenomenon.

Not a member noted as a courtesy only.

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The Vix and the top. I will attach the csv data for the vix showing the low vix of 9.97 both in Nov and Dec 2006 or 223 trade days to the top in 10-11-2007. The vix at that point in time was 18.xx. If you measure it from the Dec 06 low then less trade days but still a long way from a top
There is no top near with vix this low! Look for the top in 2018. Will offer more later.
Jerry O
oops no data files aloud.

One more rally

2017-05-07T00:27:00.002-04:00

http://allstarmarkettiming.typepad.com/my_weblog/2017/05/index.html

Looking for 2450 mid May

http://stockcharts.com/h-sc/ui?s=%24...73&a=513597395

Monday will be interesting. Can you get any more overbought?

April 19,20,21 look bad

2017-04-10T00:23:00.002-04:00

The time has come, could I be right?

Dotted lines show weakness, and fits the 16 TD count I speak of in below charts.
Next week should show great weakness I think starting Wed. not investment advise.

First lets look over this week.
10th -UP
11th-UP
12th-DN
13th-DN
Ahead:

March 2017

2017-03-01T17:10:00.000-05:00

http://money.cnn.com/data/fear-and-greed/?iid=H_MKT_QL
Gap UP I said , yes it did. Then my call for Monday happened PLUNGE.
Caught me off guard. See if we get a buy the dip rally.
No prediction, but indicator say gap down open

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Tuesday- No gap up nor did market do much all day.
Tuesday I look for a gap up again, mid day low would be bullish.

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Update Monday Mar 20^th

Scenario Either we have an FBI rally or FREE Trade is Gone plunge

Lost charts at Stockcharts.com ( who knew they could disappear) but here is what I have technically. GAP UP looks promising with a low at point 9 ( centered 11:15 +/15m) for a happy ending or

Point 8 is low and we have a bad ending.

I can’t agree with Oexcash that pt 7 is in a green day, so put in your opinion, anyone..

Jerry

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So far in 2017 as far as Advanced Get buy signals we have had a peak 16TD later, next one April 3rd.

I have attached a 5 minute chart that shows the RSI divergence on Fri chart. You won't see that on time frames above 5 minutes.
BTW Advanced Get offers a buy signal Fri suggesting the Fed will be a buy the news event.

CAUGHT THE 1:05 LOW FOR A FEW $$$
Monday 13th look for a gap dn open

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Looking for a gap down open Friday on jobs number, a gift if it happens.
I also look for a 50 point spx rally that probably started today Thursday at 2:10 2:15
Today Thursday is 8 years from the 2009 low
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Gap dn it was with high AM in same window.
I look for AM rally Friday since we had a bullish close. Trouble so did mkt makers with $6-$8 speads .
Bought nothing
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Looked for a gap up and window dressing since it was March 1st, we got both.
Mar 2 nd have 3 indicators offering a gap dn and 1 a gap up. So no real call but think it will be an AM high day and then back and fill.
We have been OB but that means nothing.

Feb. 2017 4.94% model

2017-02-02T00:32:00.001-05:00

Looking for gap up Wednesday Mar 1st
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Friday closed very O.B. I look for a gap down in the shot term open. Now how over bought are we? Here is a chart of the 4.94% model. As you can see it can come quick or run for a few months like July -Aug 2016.

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Not a gap down but in a few minutes it went down. Here is a shot of the low at 11:15 cross over.

For Friday i look for a gap down open. Will watch for AM high.

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Just keeps climbing. Look for gap down open for Thursday
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Looking for an AM high for Wed.
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Friday couldn't rally fast enough.
Monday a bonus rally . For Tuesday I look for a gap dn open but an AM H
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New highs! Thursday looked like a gap up and it was. Friday looks again like a gap up. It's an AM Low day so we could again rally all day.
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Sure was wrong about Tuesday. Looks to gap down Wed but should be a hi AM day.
I said we would see lower before 2300 SPX still true so far. Money still coming out of bonds.
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Tuesday looks to gap down again. I don't see the bullishness or follow through from Friday.
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Well Friday jobs number was a surprise. Surprised that it didn't take out SPX 2300..

BOP = (Close – Open)/(High – Low)*5 This tells me we at least near a ST high.
Monday is S2B-- Either Fri was the ST high or we see it Monday....!

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Update Thursday flat again not very telling. I still look for a correction. Why, earnings are 53% out, and bad earning come last. Fed speak is done. So what is the push higher? I can't think of anything long lasting.
Indicators look for Friday to gap down. I believe we will see 2233 spx/ 2200/ before we see 2300 again

Jerry
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The 1/2 way point and strong resistance is Spx 2284.10

No matching buy on bottom indicator 2PM ET

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Flat day, tried to correct but Apple held it up. Indicator are mixed.
I hope to see us down as the EOM rally has been weak.

Jan 2017

2017-01-03T02:09:00.001-05:00

UP date, gap sure was down.
We had the RSI O.B. from 3pm to 4pm and other indicators call for another gap down.
Apple earning will probably hold that off temp. but expect over all a down day.
*
Hi Traders, Correction time

We saw the price high on 1-26-17, and the momentum high on 1-27-17.

I now look for 3 down days.

The gap for Tuesday 21^st is down as we were O.B. at the close.
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Talia replied from stockcharts,

Jan 23, 6:39am

Dear Jerry,

Thank you for contacting us. I apologize that the OBV and volume based indicators are not updated on the chart. For those indicators to update they require volume data and unfortunately our data vendor has had trouble sending us the intraday volume data.

Our data team is working with the data vendor to get this issue resolved.

Please let me know if you have any other questions or comments about our website.

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Volume indicators still not working at stock charts.
So on hold.
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Recap for Tuesday: We did get a drop but not as low as I hoped.
Wednesday should be a low AM day but I see the closed as O B with many indicators near there highs. StockChart volume indicator are down today so I can't make a firm call that I believe will work .
Not going to be surprised if we plunge again.
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REcap for Friday, a high AM it was on a very tight day 7pts, but no hero's
Tuesday Jan 17th I look for a drop if indicator holds. It was below the index all day.We need to finish wave 4 down gulp 2133 spx possible?

http://stockcharts.com/articles/tradingplaces/2015/03/can-you-time-the-stock-market.html#at_pco=smlrebh-1.0&at_si=587c30acd0f50ff2&at_ab=per-2&at_pos=3&at_tot=5

Bowley based this above on 65 years of data.............................................................................

Based on my own work I look for a deep drop Tuesday. That possibly should be bought if last tick is near the low.Then a rally into Friday sell the news day.( second thought low is wed AM then sharply rally since I have received 1 buy signal ) Jerry

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Wed recap Day was a surprise rally
Thursday I did not post but was looking for AM low that sort of balanced the 2 days.
Friday I have a mixed signal on the gap but do look for AM high, not sure what news lead is Friday do will stick with AM high for now.
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No call for Tuesday and we ended flat-not bad.
Wednesday I look for an AM high, probably a gap up open, but flat for rest of the day. BB is flat and until it makes a statement ( breakout or break down) I will call flat. 87 NH/ 12 NL
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Good Call again me thinks: I hinted at weakness, the AM was the low till 3:59 - 1tic.
Tuesday with the volume indicators not working , kills any thought I could have there, so looking at the BB it was all over the place today on tight trading and ended flat. Guess there will need to be someone call tomorrow. https://www.briefing.com/investor/markets/market-internals/
internals not great but still I think we have a sell the news event on the 19-20th

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Good call again for Friday, orange day indicator worked.
Monday is difficult, indicators say down open,Friday 114 NH,7 NL not strong, and B.B. broke down after mid day high, so looking for a low AM day.
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Good call for Thursday ( gap dn yes-AM high yes-slow day-yes)
Friday gap indicators are mixed, no call, B.B moved up after mid day low so look for at lest a AM high, orange day indicator has failed of late but should offer higher prices for Friday

Today was strong 188 NH, 4NL-------- The B.B. was weak all day
Update for the 5th .
Looks like a gap down. probably an AM high. or a slow day.Rethinking the Fed statement..

Advanced GET offers a buy, the last sell was great. Jan 3rd

Truthfully I felt we would rally into the last day of Dec 2016.

However we fell and this past week I received 2 buy signals.

Tuesday is and AM high day but could just keep running.

The indicators call for a gap down open but it hard to see one.

If there is a low it will be Wednesday 4^th.

updated daily Jerry

Dec 2016

2016-11-30T23:30:00.000-05:00

Surprised I received a early buy signal Wed so I need to watch that.

Recap Thursday, low volume side ways drift
Fri- humm forgot to post,I had us drift higher all day.
Tues-Fri Happy New Year , I think low volume and we will drift higher all week.

Recap Wed:
Must be in an inversion window since mkt has done opposite of my data. We had a gap up with high good at (9:50) but sold off. Thursday look for a gap up open with a 10:20 low and sideways to up close.
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Recap Tuesday:
We had a useless low around 10:30 but the gap was a big up not dn.
Wednesday wants to gap dn again with a 10AM high, side ways to up close.
If W2 +W3 =115 pts then Spx 2363 could be expected, but what ever last day of year bring is where I want to short .
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Recap Monday: Little gap dn but 10:40 and 11:05 were highs still did the sideways move.
Tuesday Gap dn again is called 10:30 low but again flat. I think Wed will be a bigger up day.
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RECAP Fri-He He, we did just the opposite 9:35 h then a 10:40 high to run lower.
OK Monday looks mixed with 2 inside days in a row that I consider bullish but wasn't. Look for a gap down open then a 10:20 MAster low or a general time 10:05 low to regain rest of day or flat out.
Still look rlly into last day of DEc.
Here is what Advanced Get is saying. It called 3 days ago 5 of (3) with wave 4 downside.limited.

recap Thursday:
We did have a big upgap putting the HOD at 11:20 another valid time frame and flattened out rest of day.
Friday I look for a 10:30 low and run higher into the close'
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Recap Wed No gap but flat open,low 10:15 but PM just fell apart. Thursday looking for big up gap, 10:05 high then go flat rest of day.

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Recap Tuesday. Sure inverted. I looked for a 10AM high we got a 10:30 low that sent us higher all day.
Wednesday Again I look for a gap down or indicator do I should say. 10:20 low to flat day, then the Fed who knows but probably relief rally.

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Recap Monday 12th
High was at 10 AM not 10:30. High AM to low PM day it was.
Tuesday 13th I look again for the same play. Gap down , high AM, low PM day. The trend is still up till Dec 30th where I will get short. Jerry

Fri recap:
Gap dn no! but rest of call was good. We had a 10:15 low (-5m) and again ran up higher.
Monday I again look for a gap dn with 10:30 high, but probably will close lower.

Thursday Recap: Low was at 10:11 and we ran higher all day. No real gap.
Friday Look for a gap down and again a run up Low @10:20 but centered @10:30.
Most are calling today "THE" high. I would wait for the retest if that is the case. My 1952 model says we rally into end of Dec.

Wed recap: I was looking for high at 10:05 but had a low at 9:55, that killed the signal and we were SU all day.
Thursday look again for a gap dn ( 3 say dn) 10:30 low and then run higher. Christmas rally in progress.

Tuesday recap:
We did have a gap dn, we did have the 10:20 low actual 10:25.
Wednesday Dec 7th Indicators are mixed (up,up,dn) Since we are over bought close will look for gap dn,
then a High 10:05 down rest of day, Time to break this uptrend or I'am wrong about AM high.
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Monday recap gap dn didn't happen, 10AM HOD did happen.
Tuesday Dec 6th looking for a gap dn low AM probably 10:20, could be sharply lower.

Monday Dec 5th look for gap down open (3of 3 indicators). Expect a high AM probably 10 AM but many center it @ 10:30 AM. Looking for Spx 2085 soon.
Jerry O

Dec 1st Thursday
I look for a gap up open, low AM day, rally most of day.
Recap we had a rally into 10:05 am not he gap up I would have liked, and we went down most of day.
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Dec 2nd indicators are mixed but expect gap up with AM High could hold most of day.
Getting a early buy warning so we could have a big rally coming soon.
Jobs report moves markets.

Day Trading TG WK

2016-11-19T22:57:00.000-05:00

Been to busy to post!

Wed was gap dn 9:45 was low, do opposite you did alright.
I didn't post for Friday but looked for a gap dn again no times. We gaped up.
Monday Nov 28th again indicators look for a gap dn, I don't think it will fail and the time is 9:45
We should again mount a rally into the close Jerry O
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Tuesday had the gap and the 10:30 time of AM high but was 15M late ( not bad), technically we should have not rallied into the close. Perhaps a setup of some sort?
Wed indicators look for a gap up. ( 2 gaps in a row same direction usually don't work)
Times 9:40 and 10:20 for direction
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Monday update and Tuesday call.
GAP was wrong but rest of day right, unplayable with such a large gap.
TUESDAY looks for a gap UP. 10:30 key time do opposite.
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Day Trading

Monday 21^st 2016 November

Indicators are diverging so a tougher call.

I look for a gap down to buy this weeks call options.

After the gap down or up, I still want to get long. This is a high AM

day that I think will invert to a high PM day.

I trade OEX options since you can

trade up to 4:15PM –E.T.

Ps. Here was Friday 18th post that worked well.

Friday Indicators looked for a Gap dn, rally into 10:10-11:05 centered 10:30, then down rest of day.

Worked great today, except for the gap all that did was get me in puts earlier.
Made 2 points.
Monday indicators are diverging so will have to study that but expect choppy waves.

Daily count from Advanced Get .

Looking for rally Tuesday or Wednesday

2016-08-27T16:27:00.000-04:00

Sat Aug 27th 4:26 PM ET

After loading all my data from vacation!

Getting buy signals, look for low Tuesday Aug 30 Spx 2150 +/-

Wednesday is orange day last 10 of 12 have been up.

It is also the 31^st a good EOM rally will pursue.

Will it take out old high I don’t know.

Also working on a buy/sell program based on Joel GreenBlatt book @ Amazon

and some one named

Michael Carr

http://reports.wealthpire.com/the-pattern-text/

and his pattern x theory

I have refined these works to my own time frame and understanding, with out the wild claims from either.

Jerry O

ST target 2111 SPX

2016-07-16T23:19:00.000-04:00

OK we never got the gap down and still are marching for 2111 SPX .
Still over bought so nothing has changed. We could plunge at any time or rally due to the overbought condition.

After running my data:
We had an outside day considered bearish by me 70% of the time.
Wave 5 of v Advanced get.
Double top.
Super over bought.
4.94% model very overbought
My moon count looks favorable.
I think 2011 is still coming but we need a rest.
We will need a strong gap down Monday to set this up
Jerry O click chart to enlarge

Are U ready for 2211 Spx M term

2016-07-09T22:54:00.001-04:00

I have and remain bullish.
Using Advance Get and Friday rally we have switched from an ABC to wave 5 that should extend.
I don't know how A Get came up with 2211 in it's formula but here is mine.
Wave 2 =1891 Wave 3 =2111 or 220 Spx points
Wave 4 = 1991 + 220 = 2211
I have strong support at 2185 all on chart, I will post.
Good trading Jerry O