THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Thursday, August 28, 2008

SPX 1300

Now there's a number that should draw a response.

I know I posted that spx level as a potential peak level, but I thought it would come next week. Are we still on track for a Spt 4th High? YES, we are.

However weve got a tough new moon Saturday,and Gustov still heading at the Oil rigs for the wkend:

Hmmmn, has anyone else ever noticed, we get hit by hurricanes when the mkts are making LOWS, or am I alone with that observation?

Even tho, my scientific observations seemed to point toward a sell off today, we got a decent rally instead, BUT what does that say about tomorrow. Friday is the day after a fibo grouping, and facing a new moon indicating that we should keep secrets-
Strange also that ANYTIME, i get a reading that says we should keep secrets, the mkt plunges, and the reverse when the reading calls for NO secrets.

the PC ratios indicate selling tomorrow
Jaywiz index has become a little unreliable lateley.
Midnite lows and highs have been off by a day at times and this might be one of those times.
My friend, Coy Morphew, reports the futures and his pather indicates a down day.

126 bars cycle @ 11:30, an AM low
156 bars cycle @ 2pm afternoon low
Now the big event I mentioned b4 is 180 bars which WILL STRIKE at the OPEn tomorrow and in 15 minutes or less could wipe out more than 50% of today's gains and continue to head lower till the MAIN 258 BAR CYCLE @, yep you guessed it (( 4pm))

Now in this case we would expect the 4pm cycle @ 258 bars to hit exact rather than on Tuesday AM.
What does that say about Tuesday? I mentioned it b4, we should see a very strong day on the heels of a major drop in oil prices. Remember FEAR is worse b4 the event as we expect the worse , but will rejoice when its over.

Best for now
Jay

1 comment:

Anonymous said...

Hello Jay,
Here's today's Premium Pointer predicting a down day for tomorrow, Friday.

-0.23 - 0.46 midpoint 0.115, low-high 3.65
3:44 -0.25
3:50 0.57 0.455/3.65 = 12.47%
4:00 -0.63
4:01 -0.82
4:02 -1.46 Dell Announced
4:04 -2.54
4:10 -2.98
4:11 -3.08 3.195/3.65 = 87.53%

Looks like downside to include close.

Closed below the range @-2.58, 1298.10

Best, Coy