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
1 comment:
Art Cashin may get his capitulation today. Does he have the power to move markets? Is that stuff about Venus and the Moon true ?
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