there is a 13 day ((84.5 hrs cycle)) AND an 8 day ((52 hours cycle))) running concurrently
YOu know about the 13 day cycle, which ive mentioned many times
ITS NOW due to hit at 11am on NOV 4th
But prior to that event is the 8 day/ 52 hr cycle
Heres the dates
SPt 29th
OCT 10th which was a CLOSING low on the 9th , Yom Kippur day, - 678,
The NEXT morning opened DOWN another 700 pts on Oct 10 & closed off 128
NEXT
Oct 21st at close was - 232 and Oct 22 opened down 700 and closed off 514
NOW we come to
Oct 31st at 4pm,and Nov 3rd at OPEN
SO< now you know what to expect and it should be very volatile
best for NOW
Jay
THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023
Thursday, October 30, 2008
Wednesday, October 29, 2008
Election day Crash??
Nothing to do with ELECTIONS at all
early data
Polarity negative
VHF hitting high notes >20
jaywiz index = .48
Power index drops from 500 today to 300 on friday
Pressure ON THE WAY DOWN from 3020 to 2995
Activity index NOW under 2 but had hit 5 mid day today
Flux VERY HEAVY under 900
The SLOPE of HOPE is showing its bear claws
Nov 4th convergence of LOWS
22/44 wk LOWS on Nov 17/19
Could be the MAJOR LOW of the year
More later
Jay
early data
Polarity negative
VHF hitting high notes >20
jaywiz index = .48
Power index drops from 500 today to 300 on friday
Pressure ON THE WAY DOWN from 3020 to 2995
Activity index NOW under 2 but had hit 5 mid day today
Flux VERY HEAVY under 900
The SLOPE of HOPE is showing its bear claws
Nov 4th convergence of LOWS
22/44 wk LOWS on Nov 17/19
Could be the MAJOR LOW of the year
More later
Jay
NOV 2008
Nov has some very important CYCLE convergences
Nov 4th = 55/89/110/144 trade days from Previous fibo turns
Nov 17/19 also has 55/89/110/144/280 tr days from previous points of reference
the last one 280 tr days is important from oct9th, 2007
280 days / 8 = 35
Oct28th a Bradley date & new moon
Nov 7th and 12th are next Bradley dates
Nov 4th is ALSO 84.5 hrs from Oct16th dow @ 8200 at 11am
84.5 hours is Nov 4th At 11am
Its also 204 bars on one cycle and 330 on another
Consider the 28th as intervening wave X
Whats Next?
is the next decline phase of the 22/44 week cycle as described by one of our Yahoo group associates to be of Extreme importance
I dont have the Elliott grpahs at this point, but If I get them i will post.
More later
best for now
Jay
Nov 4th = 55/89/110/144 trade days from Previous fibo turns
Nov 17/19 also has 55/89/110/144/280 tr days from previous points of reference
the last one 280 tr days is important from oct9th, 2007
280 days / 8 = 35
Oct28th a Bradley date & new moon
Nov 7th and 12th are next Bradley dates
Nov 4th is ALSO 84.5 hrs from Oct16th dow @ 8200 at 11am
84.5 hours is Nov 4th At 11am
Its also 204 bars on one cycle and 330 on another
Consider the 28th as intervening wave X
Whats Next?
is the next decline phase of the 22/44 week cycle as described by one of our Yahoo group associates to be of Extreme importance
I dont have the Elliott grpahs at this point, but If I get them i will post.
More later
best for now
Jay
Monday, October 27, 2008
Oct 28th
Its only 5pm, and I dont have all the data yet, but
Tomorrow is a new moon after close
3;31 pm low tide
847 is Murrey Math and any break below that with volume would infer the next level at 816
In dow terms = 7900
Today's closing low hit right at 46.5 hrs = 55% of the 84.5 hr cycle
Also a 27 hr cycle low
Some have indicated it as a short term low, and that is possible, but friday's intraday low @ 8200 is broken
Wed will be over due for strong rebound which should may or may not hold its highs
Friday the 31st has another chance to run it up, but it looks like it will fold after 3:30
Jay
Tomorrow is a new moon after close
3;31 pm low tide
847 is Murrey Math and any break below that with volume would infer the next level at 816
In dow terms = 7900
Today's closing low hit right at 46.5 hrs = 55% of the 84.5 hr cycle
Also a 27 hr cycle low
Some have indicated it as a short term low, and that is possible, but friday's intraday low @ 8200 is broken
Wed will be over due for strong rebound which should may or may not hold its highs
Friday the 31st has another chance to run it up, but it looks like it will fold after 3:30
Jay
Still Under Pressure
Bradley date is reported by some as the 27th and others as the 28th
new moon on 28th after close would indicate the 28th, IMO.
Polarity is negative
Jaywiz index has last week's readings as negative @ 29-23-16-40
Power index gaps down from 500 sunday night to 400 Monday and stay's flat
Power index for Tuesday drops to 350
Power index for Wed opens at 350, but jumps up to 500, indicating a lower open & rebound
Flux today is LOW And Jagged at 900
Activity is FLAt at the 1 level
Pressure
FUTURE readings are @ 2965 pointing toward a low on the 28th
Current readings are off the lows at 2965 up to 3010 , but are jagged indicating some erratic activity
Tidal index shows a LOW on 27th, but could be a day early as it also showed the 21st as a high, but it was the 20th.
In other wairds, its damn close but not exact
My outlook calls for LOWER but choppy thru the open on the 29th at 10:45am, then UP for the day
30th goes well
BIG rally on 31st
Jay
new moon on 28th after close would indicate the 28th, IMO.
Polarity is negative
Jaywiz index has last week's readings as negative @ 29-23-16-40
Power index gaps down from 500 sunday night to 400 Monday and stay's flat
Power index for Tuesday drops to 350
Power index for Wed opens at 350, but jumps up to 500, indicating a lower open & rebound
Flux today is LOW And Jagged at 900
Activity is FLAt at the 1 level
Pressure
FUTURE readings are @ 2965 pointing toward a low on the 28th
Current readings are off the lows at 2965 up to 3010 , but are jagged indicating some erratic activity
Tidal index shows a LOW on 27th, but could be a day early as it also showed the 21st as a high, but it was the 20th.
In other wairds, its damn close but not exact
My outlook calls for LOWER but choppy thru the open on the 29th at 10:45am, then UP for the day
30th goes well
BIG rally on 31st
Jay
Friday, October 24, 2008
Uh OH !!!
I have to say I did NOT see that coming
Some of my pressure readings fell off during the night, but I didnt see see those until 6am EDT
New moon on 28th
potential 24th -27 crash days
Fed days 28/29th
Emergency meeting ?? Maybe get the rate cut on Tuesday instead of Wed,
27 hr cycle due on Oct 27th at 4pm
today is 8 day turn and dow futures are limit down 550
5% limit futures, but extend after open to 10%
spx to 855 open could rebound to 875 for 10am, but after it should be a crash day
some so called experts are expecting the OPEN to be the LOW of the session???
My sources say that wont be the case
Bradley date of Oct 20-21 topped off to next date on the 27-28th
Jay
Some of my pressure readings fell off during the night, but I didnt see see those until 6am EDT
New moon on 28th
potential 24th -27 crash days
Fed days 28/29th
Emergency meeting ?? Maybe get the rate cut on Tuesday instead of Wed,
27 hr cycle due on Oct 27th at 4pm
today is 8 day turn and dow futures are limit down 550
5% limit futures, but extend after open to 10%
spx to 855 open could rebound to 875 for 10am, but after it should be a crash day
some so called experts are expecting the OPEN to be the LOW of the session???
My sources say that wont be the case
Bradley date of Oct 20-21 topped off to next date on the 27-28th
Jay
Thursday, October 23, 2008
Friday Oct 23
Still expect a spurt at the open, and might get to
SPX 940
Dow 8925
Even IF they dont get there, the morning spurt to 10am and or 10:30 might be all there is
wherever that takes it to as above
The 42.5 hr low is due to hit at noon on Monday, but the day might settle a little higher
Today, I got out of the calls i bot at close on Wed, and bot more at about 2;40
High made it at 11am and there was a lunar45 to mercury
Mild rebound at 2pm = a noon 120 Pluto
BUT plunge right after at 2:30 there was a 150 bar cycle low and it was the LOD
next bar cycle is at 11:30 friday so theres plenty of time in between to make a high.
Jay
SPX 940
Dow 8925
Even IF they dont get there, the morning spurt to 10am and or 10:30 might be all there is
wherever that takes it to as above
The 42.5 hr low is due to hit at noon on Monday, but the day might settle a little higher
Today, I got out of the calls i bot at close on Wed, and bot more at about 2;40
High made it at 11am and there was a lunar45 to mercury
Mild rebound at 2pm = a noon 120 Pluto
BUT plunge right after at 2:30 there was a 150 bar cycle low and it was the LOD
next bar cycle is at 11:30 friday so theres plenty of time in between to make a high.
Jay
Wednesday, October 22, 2008
Oct 23
Not such a great Up day after all
YES- Should blast out of the gate, but STALL midday
and might even settle back to close at open
Friday promises to be STRAIGHT UP ALL DAY
Jay
YES- Should blast out of the gate, but STALL midday
and might even settle back to close at open
Friday promises to be STRAIGHT UP ALL DAY
Jay
Oct 22 update
LOW at 4pm
dow 8450
SPX has broken 909 and should hold above 878
Tomrrow rebounds out of the gate and is on an upswing till Monday Oct 27th
Jay.
dow 8450
SPX has broken 909 and should hold above 878
Tomrrow rebounds out of the gate and is on an upswing till Monday Oct 27th
Jay.
Oct 22nd
Reasons for a short term LOW today
Today is
55/110 tr days from previous highs=
jaywiz index = .29 yesterday
PC ratio = .87 on top of .81 Monday
Today is a BRADLEY date
21.12 hour low hits at noon
Flux index = 1020 , on the low side
pressure index = 2990, ditto
Activity was FLAT all night at 2/3
BUT has jumped at 9 am to a 2
there is a 60 minute delay on this, and it means an OPENING Low will be wiped out by a rebound @ 10am
BUT once again, the above indicates a lower low at Noon and lower by 4pm
TOMRROW- Thursday, indicates a LOWER open, till 10:30 at 90 bars, and then it reverts to UP all day
Jay
Today is
55/110 tr days from previous highs=
jaywiz index = .29 yesterday
PC ratio = .87 on top of .81 Monday
Today is a BRADLEY date
21.12 hour low hits at noon
Flux index = 1020 , on the low side
pressure index = 2990, ditto
Activity was FLAT all night at 2/3
BUT has jumped at 9 am to a 2
there is a 60 minute delay on this, and it means an OPENING Low will be wiped out by a rebound @ 10am
BUT once again, the above indicates a lower low at Noon and lower by 4pm
TOMRROW- Thursday, indicates a LOWER open, till 10:30 at 90 bars, and then it reverts to UP all day
Jay
Tuesday, October 21, 2008
Tomrrow Oct 22
Brief note
Since the 258 bar cycle closed the dow at its lows, then we could see an early AM pop till 10 am
Futures at 7pm are positive + 750 and fair value is -330 giving us a potential 80 pts rally
however as mentioned, the 12 noon hr is the first segment of the 13 day dominant cycle
So, any open higher is a great opp to add puts, and so would the 3pm rebound high- cant say which will be best, but i will probably go for the 10 am time.
Jay
Since the 258 bar cycle closed the dow at its lows, then we could see an early AM pop till 10 am
Futures at 7pm are positive + 750 and fair value is -330 giving us a potential 80 pts rally
however as mentioned, the 12 noon hr is the first segment of the 13 day dominant cycle
So, any open higher is a great opp to add puts, and so would the 3pm rebound high- cant say which will be best, but i will probably go for the 10 am time.
Jay
As predicted
Opened down 250, rebounded at 2;30 to + 15, then DOWN again to -250
Tomorrow has a 38.2% portion of the 13 day cycle due to hit at noon, then the 50% segment is on the 27th@12;45
the EXACT 13 day cycle as ive posted b4 is on NOV 4th- election day
Todays closed as expected on the 258 bar cycle at 4pm, but since the 13 day segment above is over riding, we can still expect a lower low at noon. Rebound into 3pm from there should give way to another dive at the close. Its going to be a lower low and lower high each step of the way down.
Jay
Tomorrow has a 38.2% portion of the 13 day cycle due to hit at noon, then the 50% segment is on the 27th@12;45
the EXACT 13 day cycle as ive posted b4 is on NOV 4th- election day
Todays closed as expected on the 258 bar cycle at 4pm, but since the 13 day segment above is over riding, we can still expect a lower low at noon. Rebound into 3pm from there should give way to another dive at the close. Its going to be a lower low and lower high each step of the way down.
Jay
Monday, October 20, 2008
POINT 26 or 27
I would think that point 26 is obviously oct 10th
that means we are still in a rebound mode OFF that point , Prior to the REAL CRASH coming to a neighborhood near you very soon-- ALAH Nov 4th
That Dec 12th date should be a retest of the Nov 4th lows
There is another TIME ZONE of importance - Nov 13 to 19th which could also test or exceed the previous lows-
there is an important 22/44 wk cycle due there
Todays close should be exciting for the bulls, but tomorrows open should remove their enthusiasm.
However, there is still a higher high coming on the 21st.
120 Bar cycles today @ 11am got an 11;10 LOW
150 bar cycle @ 1:30 shoul set the next important day low
180 bar cycle is due at 4pm & or 9:30am Tuesday
Heres the rub
IF they close on a HIGh today, the 180 bar cycle will hit at open and be down at least 200 dow pts
BUt the PRessure readings have ALREADAY shown me that-
Jaywiz Pressure readings have jumped from 2990 to 3029 for Tuesday
They then FALL to 3012 so far for WEd
This confirms my previous projections
Now lets watch to see how the mkt responds.
Jay
that means we are still in a rebound mode OFF that point , Prior to the REAL CRASH coming to a neighborhood near you very soon-- ALAH Nov 4th
That Dec 12th date should be a retest of the Nov 4th lows
There is another TIME ZONE of importance - Nov 13 to 19th which could also test or exceed the previous lows-
there is an important 22/44 wk cycle due there
Todays close should be exciting for the bulls, but tomorrows open should remove their enthusiasm.
However, there is still a higher high coming on the 21st.
120 Bar cycles today @ 11am got an 11;10 LOW
150 bar cycle @ 1:30 shoul set the next important day low
180 bar cycle is due at 4pm & or 9:30am Tuesday
Heres the rub
IF they close on a HIGh today, the 180 bar cycle will hit at open and be down at least 200 dow pts
BUt the PRessure readings have ALREADAY shown me that-
Jaywiz Pressure readings have jumped from 2990 to 3029 for Tuesday
They then FALL to 3012 so far for WEd
This confirms my previous projections
Now lets watch to see how the mkt responds.
Jay
Sunday, October 19, 2008
Saturday, October 18, 2008
Bear Market Rallies
that END on Monday's are very very dangerous
Most of my associates and the data they and I keep are pointing toward a high on Monday
It may be over by noon, and the rest of the week just cascades low, or its possible to close at its mid day highs.
However from there, it gets tricky;
Which of the BIGGEST corporations is in big trouble, and might come knocking on Uncle Sam's door for a bailout??
AND then who;s NEXT??
How many companies can the big guy handle??
reminds me of the first Superman movie: Lois falls off the roof, and Superman catches her as he says"dont worry, ive got you" And She SCREAMS -- " BUT WHOSE GOT YOU"
Well Uncle Sam, is China, Japan, England, France, coming to our rescue? or are they tapped out also?
I can see the smiles on the faces of BinLaden and Iran pres, can't spell his name, and some of our other not so friendly foes. GRRR. makes me want to Puke
Osama didnt have to do anything after all, we did it to ourselves.
Vix and jaywiz index still showing oversold conditoins which migh get alleviated on Monday with a final push back over spx 1000, but theres NO LEGS to it.
THE NEXT CRASh zone starts on the 23th and or 24th and ENDS on Nov 4th
nothing to do with ELECTIONS - ONLY the cycles & electromagnetic influences
talk about the CRASH PROTECTION Team, this will put a whole new light on it.
Remember I told you to expect the last crash day Monday October 6th, which turned into a week.
Dow 7000 is NOT far away, and maybe 6000 from some people ive read.
Jay
Most of my associates and the data they and I keep are pointing toward a high on Monday
It may be over by noon, and the rest of the week just cascades low, or its possible to close at its mid day highs.
However from there, it gets tricky;
Which of the BIGGEST corporations is in big trouble, and might come knocking on Uncle Sam's door for a bailout??
AND then who;s NEXT??
How many companies can the big guy handle??
reminds me of the first Superman movie: Lois falls off the roof, and Superman catches her as he says"dont worry, ive got you" And She SCREAMS -- " BUT WHOSE GOT YOU"
Well Uncle Sam, is China, Japan, England, France, coming to our rescue? or are they tapped out also?
I can see the smiles on the faces of BinLaden and Iran pres, can't spell his name, and some of our other not so friendly foes. GRRR. makes me want to Puke
Osama didnt have to do anything after all, we did it to ourselves.
Vix and jaywiz index still showing oversold conditoins which migh get alleviated on Monday with a final push back over spx 1000, but theres NO LEGS to it.
THE NEXT CRASh zone starts on the 23th and or 24th and ENDS on Nov 4th
nothing to do with ELECTIONS - ONLY the cycles & electromagnetic influences
talk about the CRASH PROTECTION Team, this will put a whole new light on it.
Remember I told you to expect the last crash day Monday October 6th, which turned into a week.
Dow 7000 is NOT far away, and maybe 6000 from some people ive read.
Jay
Friday, October 17, 2008
Oct 17
Futures point LOWEr as indicated YESTERDAY
10am = 89 hr & 30 bar low
High at close today and higher at open monday
Jay
10am = 89 hr & 30 bar low
High at close today and higher at open monday
Jay
Thursday, October 16, 2008
Friday Oct 17
THE 84.5 HOUR cycle hit at 11:15 and then the mkt ran up to the close
A secondary LOW might occur tomorrow at 9:45am, but the day looks
higher in a possible monster short squeeze back to spx 1000
Jay
A secondary LOW might occur tomorrow at 9:45am, but the day looks
higher in a possible monster short squeeze back to spx 1000
Jay
Wednesday, October 15, 2008
October 16th, 2008
Even tho its 7pm EDT and the Spoos are -1550, there is still indications of a rebound tomorrow
HOWEVER, it looks like it will be VERY SHORT LIVED.
That 84.5 Hr cycle LOW is due between 11 am and 1pm, and could stretch to 4pm
I cant imagine what rabbit they could pull out of the hat in the
AM to give us an open boost of several hundred points,
but thats what the pressure readings are telling me.
ALL of the tech data is screaming BUY, but just like bull runs, the reaction to the data can be delayed.
Arms today was 4.29 and 5 day cumulative= 200.6
5day ave = 10.03
10 day ave = 177.2
Those are BIG numbers
17th then has the best chance for a more solid reaction, but I'll keep you tuned in.
Jay
HOWEVER, it looks like it will be VERY SHORT LIVED.
That 84.5 Hr cycle LOW is due between 11 am and 1pm, and could stretch to 4pm
I cant imagine what rabbit they could pull out of the hat in the
AM to give us an open boost of several hundred points,
but thats what the pressure readings are telling me.
ALL of the tech data is screaming BUY, but just like bull runs, the reaction to the data can be delayed.
Arms today was 4.29 and 5 day cumulative= 200.6
5day ave = 10.03
10 day ave = 177.2
Those are BIG numbers
17th then has the best chance for a more solid reaction, but I'll keep you tuned in.
Jay
Tuesday, October 14, 2008
Low Tomorrow
Im fairly confident we get a tradeable LOW tomrrow
it looked like we got 3 waves DOWN to 2;45; (( amazing how that time slot keeps popping up))
Then it looks like we got a 4th wave to almost even, and maybe started on the 5th Wv DOWN, but that remains to be seen. the Q's traded higher after mkt.
Mathematically we should see 9100 which we did get to at 2:45pm; so then it could be lower than that.
7880 - 9780= 1900 pts X 38.2% = 725
9780 - 725 = 9055
However, 1900X 50% = 950 = dow @ 8830, and I suspect that might be the target for tomorrow.
As indicated b4, It looks like Ths & Fri are UP and could be quite a run to 10k
They want everyone to think its safe to go back in the water. HMMmm.
Everything I wrote b4 about the upcoming Nov 4th election day is still out there and it could be one very historic day for sure . NO matter who wins, the stock market WILL REbound.
NOV 4th = Some very heavy duty astro on 3rd & 4th; and even more important it is also a 13 tr days cycle.
PLUS fibo convergence @ of 55 - 110 -89- & 144 tr day cycle
SO, if we start 8 days before such as Oct 1st to 10th; that gives us October 24th.
The Bradely date is oct 22nd = 10 tr days which becomes a more obvious chioice for a short term TOP,
or a MAJOR turning date DOWN to the Culmination point of nov 4th.
SOO, based on the above , NO - I do not expect Oct20th to CRASH
but if anything changes, you'll be the first to know
Thats it for now
Jay
it looked like we got 3 waves DOWN to 2;45; (( amazing how that time slot keeps popping up))
Then it looks like we got a 4th wave to almost even, and maybe started on the 5th Wv DOWN, but that remains to be seen. the Q's traded higher after mkt.
Mathematically we should see 9100 which we did get to at 2:45pm; so then it could be lower than that.
7880 - 9780= 1900 pts X 38.2% = 725
9780 - 725 = 9055
However, 1900X 50% = 950 = dow @ 8830, and I suspect that might be the target for tomorrow.
As indicated b4, It looks like Ths & Fri are UP and could be quite a run to 10k
They want everyone to think its safe to go back in the water. HMMmm.
Everything I wrote b4 about the upcoming Nov 4th election day is still out there and it could be one very historic day for sure . NO matter who wins, the stock market WILL REbound.
NOV 4th = Some very heavy duty astro on 3rd & 4th; and even more important it is also a 13 tr days cycle.
PLUS fibo convergence @ of 55 - 110 -89- & 144 tr day cycle
SO, if we start 8 days before such as Oct 1st to 10th; that gives us October 24th.
The Bradely date is oct 22nd = 10 tr days which becomes a more obvious chioice for a short term TOP,
or a MAJOR turning date DOWN to the Culmination point of nov 4th.
SOO, based on the above , NO - I do not expect Oct20th to CRASH
but if anything changes, you'll be the first to know
Thats it for now
Jay
FUTURES Up
Looking for a 250 pts dow higher open, but then what ?
A set back is in order from there.
I will be buying puts after the open at 9:45 to 10:00am
Just like 1987 there was a very strong rebound the day after, and subsequent decline which at that point did set a new closing low, but I doubt we will see such a decline this week.
Some are looking for a crash like wave to continue NEXT WEEK, but Im holding off my thoughts on that until I see more scientific and tech data later this week
Jay
A set back is in order from there.
I will be buying puts after the open at 9:45 to 10:00am
Just like 1987 there was a very strong rebound the day after, and subsequent decline which at that point did set a new closing low, but I doubt we will see such a decline this week.
Some are looking for a crash like wave to continue NEXT WEEK, but Im holding off my thoughts on that until I see more scientific and tech data later this week
Jay
Monday, October 13, 2008
As Promised
A week ago I told you to expect a 1000 pt rally today- NEED I SAY MORE?
WILL the FUN continue ? Only if your a bear
NOt all my tech data is in yet, but the OVERSOLD condition is NO MORE
Tomorrow promises to take some away & continue lower bias thru Wednesday
but Thursday & friday do appear UPWARD again
BOY, that was some payday- DOW +936pts - WOW
Tomrrow is an 8 day TURN and a BRADLEY turn, so any opening high should be considered a selling opp- at least thats the way I expect to work the day
That 66 hr cycle hit with the 259 bar cycle @ 2:30, and it was LL UP& away from there to the close.
CME close UNCH, -- HMMM.
Jay
WILL the FUN continue ? Only if your a bear
NOt all my tech data is in yet, but the OVERSOLD condition is NO MORE
Tomorrow promises to take some away & continue lower bias thru Wednesday
but Thursday & friday do appear UPWARD again
BOY, that was some payday- DOW +936pts - WOW
Tomrrow is an 8 day TURN and a BRADLEY turn, so any opening high should be considered a selling opp- at least thats the way I expect to work the day
That 66 hr cycle hit with the 259 bar cycle @ 2:30, and it was LL UP& away from there to the close.
CME close UNCH, -- HMMM.
Jay
Monday Oct 13
Jaywiz index last week 5 day ave = 60
Polarity is positive & holding
Power index up to 500
Activity between 2 & 3
Pressure index = 3050
Flux above mid range at 1040
vhf > 5
All of the above is BULLISH for today
there might be a 1- 2 pm setback, but the close could be the HOD
Some are looking for a 10:30 HIGH and that is typical tie period for such turns
Tomorrow still has some potholes, but Im not going to worry about it, as I doubt a new closing low is possible, and it could offer additional opp to buy cheap calls
Jay
Polarity is positive & holding
Power index up to 500
Activity between 2 & 3
Pressure index = 3050
Flux above mid range at 1040
vhf > 5
All of the above is BULLISH for today
there might be a 1- 2 pm setback, but the close could be the HOD
Some are looking for a 10:30 HIGH and that is typical tie period for such turns
Tomorrow still has some potholes, but Im not going to worry about it, as I doubt a new closing low is possible, and it could offer additional opp to buy cheap calls
Jay
Saturday, October 11, 2008
GAP UP MONDAY
BUT it wont last all day
If they thought last week was crazy wait till they see this week- Roller coaster time- UP & down in LARGE swings
Monday should give up its gains to the 10day cycle due to hit between 1:30 and 4 pm
Tuesday should open higher and give up its gains to the full moon at 4pm
Wed looks healthy and should hold its gains
Thursday Has the 13 day cycle low due at 11am to 1pm, but should still close on highs of week
Friday is options- too soon to have outlook, but looks higher
Early science readings
Jaywiz index this week
Mon = 58
Tues = 92
Wed = 42
Ths = 1.28 WOW
Fri= 49
5 day AVE values are bullish @ 60
Power index for Monday =500 to 600 coming off a 300 for friday
Pressure index = 3030 today , coming off lows of 2970
Polarity is NOW positive
Activity which was FLAT line >1 all week has jumped to 5
Flux is steady at 1035
My personal tech data is indicating a bullish trend for next 10 days
ARms 5day = 1.53
Jaywiz Adv Decl ratio = 128
Jaywiz Vol ratio = 119
these 2 indexes are bullish under 400 and they have been UNDER200 for 4 days in a ROW
Trin 5 = 7.95 & trin 10 = 139.1 ~~ both very bullish
And theres more but I wont bore you
IS this a NEW bull market ? You ask. Why do you ask? ive already explained in a previous posting that we still need to get thru NOv 4th and DEc 12th
Remember that a bull market can get overbot for months on end, and as such, so can a bear market.
Best wishes for now
Jay
If they thought last week was crazy wait till they see this week- Roller coaster time- UP & down in LARGE swings
Monday should give up its gains to the 10day cycle due to hit between 1:30 and 4 pm
Tuesday should open higher and give up its gains to the full moon at 4pm
Wed looks healthy and should hold its gains
Thursday Has the 13 day cycle low due at 11am to 1pm, but should still close on highs of week
Friday is options- too soon to have outlook, but looks higher
Early science readings
Jaywiz index this week
Mon = 58
Tues = 92
Wed = 42
Ths = 1.28 WOW
Fri= 49
5 day AVE values are bullish @ 60
Power index for Monday =500 to 600 coming off a 300 for friday
Pressure index = 3030 today , coming off lows of 2970
Polarity is NOW positive
Activity which was FLAT line >1 all week has jumped to 5
Flux is steady at 1035
My personal tech data is indicating a bullish trend for next 10 days
ARms 5day = 1.53
Jaywiz Adv Decl ratio = 128
Jaywiz Vol ratio = 119
these 2 indexes are bullish under 400 and they have been UNDER200 for 4 days in a ROW
Trin 5 = 7.95 & trin 10 = 139.1 ~~ both very bullish
And theres more but I wont bore you
IS this a NEW bull market ? You ask. Why do you ask? ive already explained in a previous posting that we still need to get thru NOv 4th and DEc 12th
Remember that a bull market can get overbot for months on end, and as such, so can a bear market.
Best wishes for now
Jay
Friday, October 10, 2008
THRUST
DOW broke UNDER 8000
NDX hit 1201 EXACT target
DOW @ 8000 = 55% FIBO relationship to the 14400 highs of OCT 10th LAST YEAR
NDX also hit its target @ 1201
I got out near the open, but not the exact low, darn it,
I will now sit tight and wait for 3pm
Jay
NDX hit 1201 EXACT target
DOW @ 8000 = 55% FIBO relationship to the 14400 highs of OCT 10th LAST YEAR
NDX also hit its target @ 1201
I got out near the open, but not the exact low, darn it,
I will now sit tight and wait for 3pm
Jay
GAME PLAN
Its 8:30am
The charts show dow 8000 as the base, but could overshoot, or not
IF the mkt drops to dow8000 by 10;30 at 150 bars, then IM OUT
If not, then the next bar cycle is @ 180 at 1pm, then 204 @ 3pm
Ive watched the way they play the game- MAXimum gains come with THRUST such as on Monday
Option values made their highs at 10;45am, and did not supercede those values till 2:45pm & 150 bars that day.
NO MATTER What, I WILL BE OUT OF PUTS at or before 3pm today and into CALLS expecting a huge rally;
Hopefully it doesnt repeat Monday's last hour rally, but it could, since 3pm is 204 bars which IS similar to Monday at 150bars @ 2:45pm
Jay
The charts show dow 8000 as the base, but could overshoot, or not
IF the mkt drops to dow8000 by 10;30 at 150 bars, then IM OUT
If not, then the next bar cycle is @ 180 at 1pm, then 204 @ 3pm
Ive watched the way they play the game- MAXimum gains come with THRUST such as on Monday
Option values made their highs at 10;45am, and did not supercede those values till 2:45pm & 150 bars that day.
NO MATTER What, I WILL BE OUT OF PUTS at or before 3pm today and into CALLS expecting a huge rally;
Hopefully it doesnt repeat Monday's last hour rally, but it could, since 3pm is 204 bars which IS similar to Monday at 150bars @ 2:45pm
Jay
Thursday, October 09, 2008
RALLY COMETH- but NOT this week
Today should attemtp to rally and should reach HOD at 1pm.
However, we still have a very important LOW dead ahead
TOMORROW should close on DOW 8800- FRIDAY OCT 10th
Monday is RALLY DAY and we could get a DOW 1000 pt rebound on the 13th to 17th.
Get ready for it
Some times it takes the TECH DATA 3 to 4 days In OVERSOLD readings b4 the MKT actually responds to it
Giant short squeezes are born in oversold mkts.
BEST WISHES to all for a happy & healthy Yom Kippur
Remember
Jay
However, we still have a very important LOW dead ahead
TOMORROW should close on DOW 8800- FRIDAY OCT 10th
Monday is RALLY DAY and we could get a DOW 1000 pt rebound on the 13th to 17th.
Get ready for it
Some times it takes the TECH DATA 3 to 4 days In OVERSOLD readings b4 the MKT actually responds to it
Giant short squeezes are born in oversold mkts.
BEST WISHES to all for a happy & healthy Yom Kippur
Remember
Jay
Wednesday, October 08, 2008
Where is the Market Going & Why
I'll try to make this brief and easy to understand
I could just tell you the outcome of my research, but its also good for you to know what Im looking at.
Dow Jones price levels
gain from 2002 to Oct 9th, 2007 = 7200 pts to Dow 14400 - an EXACT DOUBLE
7200 x 38% = dow @ 11,650
7200 X 50% = dow @ 10,800
78.6% = Dow @ 8800
100% = dow @ 7200
Could even go lower, but lets work with this for now
Day count
Oct 10, 2007 to May 19, 2008 = 145 tr days + 145 more = Dec 12th, 2008
Oct 10, 2007 was a NEW MOON
Dec 12th will be a FULL MOON
From oct 11th = 296 tr days / 8 = 37 a whole number
that means there were 37 segments of 8 tr days- I have mentioned this cycle b4.
Low to Low cycle of 13 tr days = 299 segments exact to oct 8th
So where are we and whats next
Oct 14th is a full moon, but the 13 day cycle is on the 16th@ 1pm, and should trade lower
Nov 4th is the NEXT 13 tr days cycle and has a harmonic cluster of HARD ASPECTS converging with the LOW TO LOW cycle - thus we should see a LOW at that point, but not THE LOW
next is Nov 21, but that date falls into a moderate upswing in exact opposition to the chart currently shown by Charts Edge.
Then comes DEC 11th and 12th
11th is the 13 day cycle and 12th is the full moon exactly like Oct 13 & 14
Not only is it a full moon, it also has an even more serious hard aspect harmonic cluster than Nov 4th.
SUMMARY
From here on Oct 8th we are still going to go LOWER
Nov 4th should be a serious LOW TURNING point, BUT again NOT THE LOW
The rest of Nov should be a very strong rebound
Nov 28th -30th should offer a HIGH with some very powerful energy from trines and sextiles of Jupiter, Venus & Uranus
That only leaves DEC 12th for THE LOW - thats the MOST important date for all of 2008.
From there we can enjoy a very strong rebound thru at least the Feb 2009 eclipses.
But the damage will have been severe, and only smart money will enjoy the rallyas most investors will be SHELL SHOCKEd, and or FROZEN in the headlights unable to make intelligent decisions.
Best for now
Jay
I could just tell you the outcome of my research, but its also good for you to know what Im looking at.
Dow Jones price levels
gain from 2002 to Oct 9th, 2007 = 7200 pts to Dow 14400 - an EXACT DOUBLE
7200 x 38% = dow @ 11,650
7200 X 50% = dow @ 10,800
78.6% = Dow @ 8800
100% = dow @ 7200
Could even go lower, but lets work with this for now
Day count
Oct 10, 2007 to May 19, 2008 = 145 tr days + 145 more = Dec 12th, 2008
Oct 10, 2007 was a NEW MOON
Dec 12th will be a FULL MOON
From oct 11th = 296 tr days / 8 = 37 a whole number
that means there were 37 segments of 8 tr days- I have mentioned this cycle b4.
Low to Low cycle of 13 tr days = 299 segments exact to oct 8th
So where are we and whats next
Oct 14th is a full moon, but the 13 day cycle is on the 16th@ 1pm, and should trade lower
Nov 4th is the NEXT 13 tr days cycle and has a harmonic cluster of HARD ASPECTS converging with the LOW TO LOW cycle - thus we should see a LOW at that point, but not THE LOW
next is Nov 21, but that date falls into a moderate upswing in exact opposition to the chart currently shown by Charts Edge.
Then comes DEC 11th and 12th
11th is the 13 day cycle and 12th is the full moon exactly like Oct 13 & 14
Not only is it a full moon, it also has an even more serious hard aspect harmonic cluster than Nov 4th.
SUMMARY
From here on Oct 8th we are still going to go LOWER
Nov 4th should be a serious LOW TURNING point, BUT again NOT THE LOW
The rest of Nov should be a very strong rebound
Nov 28th -30th should offer a HIGH with some very powerful energy from trines and sextiles of Jupiter, Venus & Uranus
That only leaves DEC 12th for THE LOW - thats the MOST important date for all of 2008.
From there we can enjoy a very strong rebound thru at least the Feb 2009 eclipses.
But the damage will have been severe, and only smart money will enjoy the rallyas most investors will be SHELL SHOCKEd, and or FROZEN in the headlights unable to make intelligent decisions.
Best for now
Jay
Not impressed by ratee cut
9am on Wed oct 8
Futures reversed LOWER by 9am and are as low as they were earlier
Activity index was 2 @ 5am, but dropped to 1 at 7am, and has been FLAT LINE since
Power index today 400 to 450 should still set the 11am low as per Art Cashin- WHO ?? commentator looking for
wash out today- might get a little one
Power index for tomorrow Oct9th = 400 to 350 indicates a lower day
Oct 10th = 350 to 300 LOWER still & astro readings are NOT healthy
Pressure for today hits HIGHS @ 3031 and turn down tomorrow as low as 2977- thats a HUGE drop
Flux smooth and holding above median level @ 1035
VHF no activity at all = 0 usually means an upday
Yesterday for example
started at 0 and we got he open rally
rose to 15 and we dropped to -350
the dropped to 5 and we came back to - 180
then rose to 10, and you know the rest
Jayiwz index = 92, indicates a rally
SUMMARY
So we have the 11am low cycle due, and a possible bounce from there to the end of the day
Jay
Additional reading
MY tech data is GROSSLY over SOLD
TOmorow is a 55 , 110 & 144 tr day fibo cycle hit
NDX retracements
1485 = 50%
1346 = 62%
1104 = 78%
Under 62% which means they are heading for 78%
Elliott wave says this is a 3 of 3 of 3 which is UN RELENTING
The see oct 16 to 28th as low
My 13 day cycle hits on the 16th at 1pm
Guess what,, the next 13 day cycle low hits on, YEP you guessed it Nov 4th
then ALSO as mentioned b4, there is another 13 day cycle due to hit on DEc 11th where there is a serious harmonic convergence of hard astro with a full moon
NO let up in sight for this mkt and dow jones 7200 is NOT out of the question
Jay
Futures reversed LOWER by 9am and are as low as they were earlier
Activity index was 2 @ 5am, but dropped to 1 at 7am, and has been FLAT LINE since
Power index today 400 to 450 should still set the 11am low as per Art Cashin- WHO ?? commentator looking for
wash out today- might get a little one
Power index for tomorrow Oct9th = 400 to 350 indicates a lower day
Oct 10th = 350 to 300 LOWER still & astro readings are NOT healthy
Pressure for today hits HIGHS @ 3031 and turn down tomorrow as low as 2977- thats a HUGE drop
Flux smooth and holding above median level @ 1035
VHF no activity at all = 0 usually means an upday
Yesterday for example
started at 0 and we got he open rally
rose to 15 and we dropped to -350
the dropped to 5 and we came back to - 180
then rose to 10, and you know the rest
Jayiwz index = 92, indicates a rally
SUMMARY
So we have the 11am low cycle due, and a possible bounce from there to the end of the day
Jay
Additional reading
MY tech data is GROSSLY over SOLD
TOmorow is a 55 , 110 & 144 tr day fibo cycle hit
NDX retracements
1485 = 50%
1346 = 62%
1104 = 78%
Under 62% which means they are heading for 78%
Elliott wave says this is a 3 of 3 of 3 which is UN RELENTING
The see oct 16 to 28th as low
My 13 day cycle hits on the 16th at 1pm
Guess what,, the next 13 day cycle low hits on, YEP you guessed it Nov 4th
then ALSO as mentioned b4, there is another 13 day cycle due to hit on DEc 11th where there is a serious harmonic convergence of hard astro with a full moon
NO let up in sight for this mkt and dow jones 7200 is NOT out of the question
Jay
RATE CUT
it 7:30am on Wed and guess what
a RATE CUT
Only Fed funds rate, but thats where the $$$ is
Global mkts exploding- not waiting for 11;30am
Jay
a RATE CUT
Only Fed funds rate, but thats where the $$$ is
Global mkts exploding- not waiting for 11;30am
Jay
Tuesday, October 07, 2008
ONE DAY TOO EARLY
All of my data is screaming BUY
I wont get into it- too much detail.
Jaywiz index .92
Readings were off by one day also- they flipped days on me.
in other words, Tues & wed are reversed, so tomrrow calls for fortunate trends even tho it was printed for Tuesday
Only one thing stands in the way of a very strong rebound- a rate cut of at least 50 bp, &
the 50% cycle of the 13 day day/ 84.5 hr cycyle NOW due at 66 hours tomorrow @ 11;30
the 259 bar cycle is also due to hit at 11am, and together they should mark a strong turn
Thursday is Yom Kippur and just like Rosh Hashanah, it should be a solid rally day.
not for that reason, however. BUt there is a VEUNS TRINE URANUS at midnite on the 9th which OFTEN precedes major crashes, which will become more likely once this rally is done.
bradley date = 14th
8 day Low
Full moon @ 4pm, etc.
9 month cycle low
Jay
I wont get into it- too much detail.
Jaywiz index .92
Readings were off by one day also- they flipped days on me.
in other words, Tues & wed are reversed, so tomrrow calls for fortunate trends even tho it was printed for Tuesday
Only one thing stands in the way of a very strong rebound- a rate cut of at least 50 bp, &
the 50% cycle of the 13 day day/ 84.5 hr cycyle NOW due at 66 hours tomorrow @ 11;30
the 259 bar cycle is also due to hit at 11am, and together they should mark a strong turn
Thursday is Yom Kippur and just like Rosh Hashanah, it should be a solid rally day.
not for that reason, however. BUt there is a VEUNS TRINE URANUS at midnite on the 9th which OFTEN precedes major crashes, which will become more likely once this rally is done.
bradley date = 14th
8 day Low
Full moon @ 4pm, etc.
9 month cycle low
Jay
FUTURES Up
Its now 9:15 and futures are strongly higher
glad i bot in yesterday, even tho I didnt hit the LOD
I can only blame myself for not catching the LOD- Its amazing how one little piece of data becomes sooo important
Looks like a 10am -10;15am high
& a 10:45 am setback, which I will probably add to my current position unless I sell it at 10am.
Europe to raise bank deposits protection
Jay
glad i bot in yesterday, even tho I didnt hit the LOD
I can only blame myself for not catching the LOD- Its amazing how one little piece of data becomes sooo important
Looks like a 10am -10;15am high
& a 10:45 am setback, which I will probably add to my current position unless I sell it at 10am.
Europe to raise bank deposits protection
Jay
UP Up and away
BUT not for very long
thanks for the praise- tell all your friends and more
I'll try NOT to let it go to my head
the $20K payday was satisfaction for me, and I had a fitful weekend until Sunday Night CME futures
Todays action should peak out between 3 & 4pm
Bernanke at 1pm today
Futures right now at 9AM are now pointing a little lower
150 Bars cycle hit exactly at 2:45 the LOD
The NEXT critical point is 180 bars AT 10:45 am - the mkt might NOT adhere to the lower futures, and might open to a 10am high before settling back to 10:45am
Either way, 10:45 should be the BUY and could be the LOD leading to a strong rally till late afternoon
TOO bad there was such a strong rally after 2:45 yesterday as the rebound would have been more impressive today.
Jay
thanks for the praise- tell all your friends and more
I'll try NOT to let it go to my head
the $20K payday was satisfaction for me, and I had a fitful weekend until Sunday Night CME futures
Todays action should peak out between 3 & 4pm
Bernanke at 1pm today
Futures right now at 9AM are now pointing a little lower
150 Bars cycle hit exactly at 2:45 the LOD
The NEXT critical point is 180 bars AT 10:45 am - the mkt might NOT adhere to the lower futures, and might open to a 10am high before settling back to 10:45am
Either way, 10:45 should be the BUY and could be the LOD leading to a strong rally till late afternoon
TOO bad there was such a strong rally after 2:45 yesterday as the rebound would have been more impressive today.
Jay
Monday, October 06, 2008
How LOW is LOW
Its now 2pm, and the deterioration continues past 1pm
Expecting the dow to close at 9550 & spx at 1005-1010
Tomorrow can rebound with great vigor
Wed nesday is not as strong a day as it has an important low due @ 11;30, but can take off from there.
that leads us to the 9th & its 55 tr days from jly23rd High & 110 tr days from May6th high. should be short term HIGH.
the 10th looks ROUGH and leads to the Full moon low of the 14th.
Lower than TODAY??
I dont think so.
Jay
Expecting the dow to close at 9550 & spx at 1005-1010
Tomorrow can rebound with great vigor
Wed nesday is not as strong a day as it has an important low due @ 11;30, but can take off from there.
that leads us to the 9th & its 55 tr days from jly23rd High & 110 tr days from May6th high. should be short term HIGH.
the 10th looks ROUGH and leads to the Full moon low of the 14th.
Lower than TODAY??
I dont think so.
Jay
Pressure building for a rebound
Todays LOW is DUE at 1pm - SUN 90 Jupiter is a major influence @ 1pm
Also marks 329 bars @ 1pm
Jaywiz indicators are warning a LOW is near & a rebound is close by
Hadik shows 10,023 near term DOW target, then 9870- Possible BOTh could get hit today?
The LOWEr the better today
Astro reading for today = look for non intelligent decisions, caution travel, opinions clash.
Tomorrow Oct 7th = OPPOSITE OF YESTERDAY- get the GO AHEAD SIGNAL
Wed = promising & watch for conflicts
Wed still has a low due at 11:30 am but its only a setback low.
Pressure readings are POPPING where they hit lows on Friday @ 2955 , are now hitting the 3035 levels
VHF now @ 5
power index = 300
Activity index = 1, @ 8am- down from 3 earlier
FLUX smooth at 1035, just above the median
Important low today followed by the mkt clawing its way back up to late Oct peak.
Jay
Also marks 329 bars @ 1pm
Jaywiz indicators are warning a LOW is near & a rebound is close by
Hadik shows 10,023 near term DOW target, then 9870- Possible BOTh could get hit today?
The LOWEr the better today
Astro reading for today = look for non intelligent decisions, caution travel, opinions clash.
Tomorrow Oct 7th = OPPOSITE OF YESTERDAY- get the GO AHEAD SIGNAL
Wed = promising & watch for conflicts
Wed still has a low due at 11:30 am but its only a setback low.
Pressure readings are POPPING where they hit lows on Friday @ 2955 , are now hitting the 3035 levels
VHF now @ 5
power index = 300
Activity index = 1, @ 8am- down from 3 earlier
FLUX smooth at 1035, just above the median
Important low today followed by the mkt clawing its way back up to late Oct peak.
Jay
Friday, October 03, 2008
Rebound today, BUT
Today's rebound might last till noon
should sell off going into vote @ 2pm- WAVE related selling;
Power index shows rally at close and open on Monday with strong selling Monday afternoon
50% of 13 day cycle indicates a low on the 8th at 11am, and pwer index agrees with that outlook.
Jay
should sell off going into vote @ 2pm- WAVE related selling;
Power index shows rally at close and open on Monday with strong selling Monday afternoon
50% of 13 day cycle indicates a low on the 8th at 11am, and pwer index agrees with that outlook.
Jay
Thursday, October 02, 2008
GOT IT
OK, that was right on schedule
Very good $$$ day
bot a few calls on close
Tomorrow should OPEN Higher, but I dont see any sticking power. may sell off at close.
I sold out my puts at close today and will rebuy positions during the day tomorrow.
Still expecting the 6th and 7th to provide potential mini crash
More on that later.
Jay
Very good $$$ day
bot a few calls on close
Tomorrow should OPEN Higher, but I dont see any sticking power. may sell off at close.
I sold out my puts at close today and will rebuy positions during the day tomorrow.
Still expecting the 6th and 7th to provide potential mini crash
More on that later.
Jay
And so it was written
Jaywiz Indicators are negative today
Polarity is negative
VHF a Whopping 25
Power index = a GAP from 500 yesterday to 300 today
Pressure index = 2955
Activity jumper to a 5.3 and thats very HIGh- not sure how that fits with the decline today?
Flux = @900
I posted this on the T&C site
MATH MATH MATH
21 years from 1987 Oct 18th = Oct 2008 = 7670 trade days
WATCH This
ive been telling you about the 13 day cycle
590 X 13 = YES your RIGHT = 7670
THATS Oct 14 @ 4pm & a full moon EXACT at 4pm
JAY
Polarity is negative
VHF a Whopping 25
Power index = a GAP from 500 yesterday to 300 today
Pressure index = 2955
Activity jumper to a 5.3 and thats very HIGh- not sure how that fits with the decline today?
Flux = @900
I posted this on the T&C site
MATH MATH MATH
21 years from 1987 Oct 18th = Oct 2008 = 7670 trade days
WATCH This
ive been telling you about the 13 day cycle
590 X 13 = YES your RIGHT = 7670
THATS Oct 14 @ 4pm & a full moon EXACT at 4pm
JAY
Wednesday, October 01, 2008
yesterday gets only a 2X -WOW
ITS NOT a matter of IF I should get short & buy puts, BUT WHEN to do it. !!!
I'll make this BRIEF ///
I WILL NOW BE BUYING puts on or b4 the close of biz today, OCTOBER 1st.
moved up from Friday's close to today
Commentary
the Mkt would have DROPPED 777 even if the bill had passed on Monday- so news does not make the mkt
they would have found plenty of reasons to support the hit.
Today we have a somewhat bullish overtone left over from yesterday's euphoria, and even the FTSE is up 100 pts at 9am.
Ratios, even the Jaywiz index @ .77 indicates a fairly strong day today
However
VHF = 8 and is bearish
power index = 500 and a little bullish
Activity index was as high as 3 earlier this AM, and is still hanging at 2.3
thats much better than flat line at near 0 on Monday
Pressure index over 3000 today , but takes a MAJOR drop after today to as low as 2970 by tomorrow
What currently amazes me is the FLUX index which has produced gyrations for 5 days in a row which I have never seen b4 on this in the 2 years I have been watching it.
Today is also shows a level of 900
the range is from 900 to 1070
900 - is MOST bearish
After today we have to look forward to a very serious potential for a BLACK Monday and terrible Tuesday
the 66 hr TIME within the 84.5 hr /13 day cycle is STILL @ 1 to 2pm on Tuesday
that WILL NOT CHANGE
the BIGGER cycle of 13days/ 84.5 hours is still on schedule for OCT 14th @ 11am since the 13th is closed for Columbus day- i think.
That matches a cycle LOW & EW wave LOW projected by JR on one of my private groups. He is a very very Astute Elliottician wave & technical anaylst.
Best for now
Jay
I'll make this BRIEF ///
I WILL NOW BE BUYING puts on or b4 the close of biz today, OCTOBER 1st.
moved up from Friday's close to today
Commentary
the Mkt would have DROPPED 777 even if the bill had passed on Monday- so news does not make the mkt
they would have found plenty of reasons to support the hit.
Today we have a somewhat bullish overtone left over from yesterday's euphoria, and even the FTSE is up 100 pts at 9am.
Ratios, even the Jaywiz index @ .77 indicates a fairly strong day today
However
VHF = 8 and is bearish
power index = 500 and a little bullish
Activity index was as high as 3 earlier this AM, and is still hanging at 2.3
thats much better than flat line at near 0 on Monday
Pressure index over 3000 today , but takes a MAJOR drop after today to as low as 2970 by tomorrow
What currently amazes me is the FLUX index which has produced gyrations for 5 days in a row which I have never seen b4 on this in the 2 years I have been watching it.
Today is also shows a level of 900
the range is from 900 to 1070
900 - is MOST bearish
After today we have to look forward to a very serious potential for a BLACK Monday and terrible Tuesday
the 66 hr TIME within the 84.5 hr /13 day cycle is STILL @ 1 to 2pm on Tuesday
that WILL NOT CHANGE
the BIGGER cycle of 13days/ 84.5 hours is still on schedule for OCT 14th @ 11am since the 13th is closed for Columbus day- i think.
That matches a cycle LOW & EW wave LOW projected by JR on one of my private groups. He is a very very Astute Elliottician wave & technical anaylst.
Best for now
Jay
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