Tuesday, November 13, 2018

The Great CIT Candle Hunt

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.9th 2018

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

NR 7 

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.

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.