Obviously, NOT the stock market this AM
As PROMISED, a Sharply LOWER OPEN
Futures at 8:45 are off at least 100 dow pts
10am is still the initial target time for a brief low
and could continue to 11am for reasons already posted
A 1pm rebound high should be shorted again if the mkt does rally to that point
Gauges for EAST Coast & Mid West are PLUNGING
Activity index is under Level # 1 and is FLAT
Power index shows continued declines thru the 9th
9th also has an important 52 hr cycle low @ 3:15pm
Helge and some others are NOW projecting MY WELL KNOWN forecast for Jan 20 to 26
expect a solid run up from Jan 20 to Jan 26
PLUS
Subsequent decline from Jan 27 to Feb 11th
Pass the word to your friends and associates
More later
Jay
3 comments:
fantastic analysis Jay. I love it when you show off. lol.
Alvin
Truly Appreciated. It gives me better clarity on trend changes.
Maybe the protection team will work their magic before the options expiry days... thoughts.? I will be happy only till we test the Nov 21st lows.
Post a Comment