Thursday, December 16, 2010

Upcoming Potential CIT Dates for Stocks, Gold, Dollar, and Natural Gas


Stock indices and gold/silver have fairly significant timing confluence for potential change in trend on the following dates:
  • 12/17/10 - probable top, at least short term
  • 1/6/11 - should be a low
  • 1/25/11 area - I'm guessing an important top (may be higher or lower top)
US Dollar has a 320 wk cycle low due around 1/25/11 (probably higher low than Nov 2010)

Natural gas should have trend change on or near 1/13/11, I'm thinking it will be a low of significance.


As usual, when analyzing potential CIT dates, polarity is very difficult to determine in advance. The main idea is to see if a market trends into a CIT date and presents a set-up for trading a reversal.

Kim Rice 12/16/10

No comments:

Post a Comment