As IVE written SEVERAL times
EXPECT the 13 day cycle LOW to HIT at 10:30am on JAN 22nd
The FUTURES are off 100 dow points this AM -Jan 22 -- DUHH
I told you this would happen weeks in advance
NOW, We STILL offer that low as a BUY for a rally to continue, choppy at times such as this AM,
BUT still HIGHER into Jan 27th, maybe 28th
29th reading says DONT PUSH your luck- watch for DANGER signs of becoming overconfident
30th calls for CHANGE is at hand
FEb 2nd to Feb 10th is STILL SET up for MAJOR LOSSES in stocks
Many ELLIOTTERs have been looking at the current wave as impulsive and counting it that way
Ive been REPEATING this several times
The alternate is becoming primary count for THEM
JAN 6th = "A" wave high @935spx
Jan 21="B" wave LOW @ 805spx
Jan 27/28 = "C" wave HIGH 935 & higher = WAVE 4
Since we NOW at 840 spx, the next few days appear SHARPLY HIGHER
Feb 10th possible wave 5
wave 5of what longer pattern, im not sure, but I will leave that to other elliotters of more experience
who I am sure will offer charts and graphs of perfection
More later
Jay
1 comment:
Are you big on Elliot Wave?
My gripe with them is that they are always trying to figure out which wave they are in and keep changing the counts.
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