BIG UP DAY today

As bulls WE waited this one out holding our collective breath
OIL UP & Europe UP 2 to 3 %

How high is high?
Lost Jan 6 to Jan 20 {935spx to 805} = 130 pts @ a %age to be gained back

130 X 50% = 65 = 870
that one looks like it will be surpassed at the open

130 X 62% = 80 pts = 885
OR
78% = spx 905

THE Higher numbers could be tmrrows goal before the late day collapse
a late day collapse on the 29th is also indicated by my proprietary gauges


Yesterday was a VERY active intraday cycle day
Most important was the 23.6%/13 day cycle right at 10:56 = the LOD
Then after a 3:30 high, the close ended right at 204bars
THUS the EXPLOSION in futures this am

THE hourly cycles yesterday
10:47 low matched the 13 day cycle
12;24 HIGH
3:06 low- turned up
3;38 high

WHAT'S OUT THERE TODAY - Jan 28th

Of course we have the typical hourly
in round #s
11 am
1pm
3pm

BAR cycles
228b@ 11;30
258B @ 2pm *****Now that one is VERY interesting
IT falls just b4 the FED announcement
making a low there at 258 bars is a setup for a very strong close

Jan 29th FYI
STARTS LOWER
WHY ?
the 38.2%/13 day cycle @ 10:12
AND
30bars @ 10am

both MEET at nearly the same time- double whammy
HOWEVER, there should still be one more runup to that 1;32 time
b4 getting serious about declining into Feb 4th

More later
Jay