THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Thursday, May 08, 2008

Short term horizon

HI Peter, and Larry T.
Appreciate your cycle anaylsis data

As you have probably become aware, I have a short term horizon which means anything from one day to one month. I do like to have a view of 3 months at the most. I am aware of course of longer trends as I am expecting a November 2008 low to lead to a DEc 2009, or Jan 2010 TOP with 2010 similar to 2000 leading to the 10,20,30,40 etc year declines into 2011-2012. In case you havent noticed, the 2 year in every decade except 1974 have been important lows.

A 38 day cycle hit from March 17th followed by a 19 day low on April 14th is now due to hit tomorrow. My advance scientific indicators show me a flat to mediocre day today, and a much more severe sell off tomorrow.

Next week should trend higher on Monday and Tuesday.

Jaywiz index = .42 today thus holding the market as is.

The SPX usually moves in 40 pt segments.
1262 + 40 = 1302
1302+40 = 1342
1342+40 =1382
1382+ 40 =1422 BINGO

Now what?
Just subtract then in reverse.
yesterday they took out 26 pts, and thats 14 short of 40
Tomorrow takes out 16 in the first hour, then subtract 40 more = potential is for 1336.
remember I said potential, no guarantee

Monday was an 8 day high as the market openned a little higher at 1415 spx
Tuesday was a Bradley and an 8 day TURN which provided a rebound high and a turn-
May 2nd -5th and 6 gave me dejavue with oct 9-10-11 last year

I am still in the camp that June 7th will provide a more meaningful TOP
In the meantime we have all of May to contend with

The next bradley date is May14th and looks like it could provide a low and high all in one day- similar to May6th. Then there is may 25th, a Sunday, which is followed by Memorial day.
SO what can we expect from that?
I would think the low would occur on the 27th and possibly even the 29th.
the 8 day pattern hits on the 28th& 29th- one is a low and the next is the turn

SO, from there, we get into June and the 7th with its multiple conjunctions should provide some strong sell signals.

Best for now
Jay

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