5 min intraday chart of XJO as at 12.15 am showing the price...

5 min intraday chart of XJO as at 12.15 am showing the price movement within the fixed ellipse and the use of squares for identifying CITs.

The end of the two past ellipses identified CITs within a few minutes range of their occurrences ( marked with the two big coloured arrows ). Not too bad for a projected forecast intraday, right?

I've also marked the possible intraday CIT as well for us to watch and see whether it occurs as projected some 2 hours before hand.... ( using the square shape is expected to be more accurate though ).



Will it occur, or won't...let's watch and see.It's all for fun and entertainment:)

Have fun, watching the ellipse is like watching the footy ball...

Cheers

dascore