Tuesday, November 13, 2018

The Great CIT Candle Hunt

Click chart to enlarge    Jerry

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.9th 2018

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

Tuesday, September 25, 2018

Updated Moon Chart

Tuesday, July 3, 2018

My view

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

Thursday, April 26, 2018

OB OS Indicators

Friday, March 23, 2018

Consider this Diamond pattern

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.

Friday, March 16, 2018


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?

Friday, March 2, 2018

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

Sunday, February 25, 2018


Sunday, February 18, 2018

Test of low ahead+ EW

Sat Feb 17th 2018
                                     Scenario’s based 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-2nd.
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

Friday, February 16, 2018

Feb 2018

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