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
2 comments:
So far, so good.
You've been pretty accurate recently. I don't daytrade (or day-to-day), but I do check your blog regularly.
Excellent work.
Hi Jay,
Is upside still possible today?
Thanks.
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