A way to determine a CIT by Mr. James Hyerczyk

this is an extracted graph from Mr. James A Hyerczyk's book about swing trading method, which shows one of the ways in determining a change in trend.

For me, the move from 285-228 was obvious that there would be a possible CIT. However, in the perspective of swing trading, it hasn't confirmed a CIT yet. When the market reached as low as 208, it fits into the pattern defined and we should expect a retracement to a higher level before the market resume its main trend down. My guess of pattern on July 8th based on wave theory is compliant to this swing set-up, too.

http://koei1024.blogspot.hk/2015/07/hsi-possible-support-20150708.html