the BEARS are in control thru Feb9th
Stay focused
Any rallies this week intraday should be sold
Some charts might be showing lows are in, but it just at points like this
the mkt drops thru what looks like support
Dow 8000 VERY CRITICAL
The Reading for Feb 2 = Dont start anything new
tense situations
SPX futures are already OFF 20 pts as of Saturday Noon
If that holds, it places the spx to open at 814
Monday hourly-
11;15
1;10
3;15
Bar cycles
180b AT OPEN
THIS almost guarantees a SHARPLY LOWER OPEN
55%/13 daycycle@ 11;29
204 bars at 11;30
this almost guarantees the mkt trades lower to this point
258 bars @ 4pm almost guarantees a lower close
UNLESS it completes at the open on the 3rd
FEb 3rd ~~ TIMES
30 bars @ noon
60 b @ 2 : 30
62%/13 day @ 10:43
moon 90 Neptune @ 10:21
The POWER index is a bit confusing, but it does seem to confirm a LOWER open on the 3rd,
with a rebound later in the day into the open of the 4th
More later
Jay
3 comments:
Jay:
What exchange or mkt. are S&P's trading on SAT.
Thanks
Joe
Jay,
Spoos closed down 20 on Friday to the 823 level at approx FMV to the cash index. Are you looking at something else?
YES
also get a better fix on open Sunday night @ 6pm
Jay
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