THE FUTURE

THE FUTURE
PRECISION STOCK MARKET TIMING

Friday, January 30, 2009

Neat package

open higher
low at 11;30 @ 126 bars dow off 140
Higher to hourly at 1;13 dow off 42
BOT puts at 1;13pm
next LOW due at 2pm
then possible uptick to 3pm, and lower close

Monday could be a short term low at 11;29 am
Minute wave 1 of 3 of 5
should break under spx 800
maybe fill the outstanding gap at 792??

More later
Jay

3 comments:

Shankar said...

We could bounce off of 823 or so going up higher on Monday/Tuesday/Wednesday.

Gap up higher is also possible.

Shankar said...

Covered short positions.

I think you could be quite right, but at this point in time those ES futures can easily visit 792 Sunday night in Asia and by the time they open, could be green.

I don't trust the market. Better to book the profits.

Anonymous said...

Great call Jay, as always !