259 bars cycled at 1pm today and thus the rebound
Also had positive influences with venus 0 pluto
Some other analysts and myself now consider the rally finished, call it wave 4, now looking for wave 5 obviously
Solar energy is lower for next 2 days and closes friday at its lows.
the next 259 bar cycle hits on Monday @ 2pm.
23rd was called by some for an important low and it certainly was, but unlike August, we are still looking for the 5th wave leg to close at spx 1250 area in the next 3 days.
That would setup the 30th, rate cut day for a huge rally into The FEb 6th Eclipse, and continue to hold and run higher to the lunar eclipse on the 22nd.
Jay
1 comment:
SPY is now getting to a level tonite where I would consider Shorting. maybe tomorrow @
137-138...whatu say, Jay??
Steve
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