I commence with my gratitude to The Creator
What does the Change in Trend (CIT) on a certain time cycle, mean? Well, simply, whatever was the trend before a certain time cycle, will not remain the same. If the market was up, it would stop going up, or if the market was trending down, it would stop doing so. It could be either a pause and then change in direction or it could be pause and selling on daily basis, but not enough to change the direction into opposite one, but rather to grind the buyers and sellers out :)). The change of trend, as previously noted, is supposed to last for certain time band. It is minimum 3 trading day to 5 trading days.
Gold and Silver Commodities Markets have been affected seriously by the recent time cycles, as they have been down since last time cycle ingress.
As I noted in yesterday’s post, if the S&P’s support at 1,220 is held, then the Financial Market shall finish its cycle, which it started back on 03/06/2009. It could be 24 months cycle, ending in March 2011 or it could expand into the June 2011 (3 months orb.) Click on the chart to expand.
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