IT just STARTED from a LOWER level
Now we know what to look for when the reading says - BE FLEXIBLE & expect change
When I write this stuff, you can question me about what it might mean , and that way we can all benefit.
Tomrrow still says " EMOTIONS out of hand & Expect STRESS
Spx 816 is exactly what we wrote about
Shankar, buying at 817 today was really good, and if we get to 800, do what I suggested
SELL THE FARM and buy cALLS
A 5th wave is still out there, and TOMRROW is teh ONLY day available for it
Next week is UP UP UP to jan 26th.
Its possible the move from Nov 21 to Jan 6th wave WAVE "A"
Now in Wave"B" ending Tomrrow
Wave 'C' should exceed wave "A" and make it above spx 935
Thats GONNA BE A REAL WINNER
Lets expand the MATH lesson
We got DOWN to spx 817@ 12:30 today
Previously
the DOW gained -1483 pts ~~~ 7052 - 9035
1483 X fibo 78.6% = 1166pts
9035 - 1166 = 7869 & That should be tomorrows target
IF they get there tomrrow, then the decline is over in 5 waves
That should = spx 799
todays rebound is what I was looking for
Yesterday without the 200 pt drop first.
Go ahead and shoot me for being off one day !!!
Go ahead and shoot me for being off one day !!!
So far its near 275 pts up from that low
and were coming to the 3pm crossroad
3:08 pm was the hourly TURN + 78
3.40 next turn - 65
3:08 pm was the hourly TURN + 78
3.40 next turn - 65
4th wave rebound math
816 to 935 = 119 pts
119 X 23.6% fibo = 28pts
817 + 28 = 845 and thats where we are at 3pm
14th was an 8 day low
15th was an 8 day turn
just like oct 23/24th, THEN the LOW on Oct 27th, the day after 8day turn
More later
Jay
2 comments:
I expect a range bound market tomorrow (Friday).
Having said that, I am open to the possibility of seeing 800 tomorrow. Will add on to my long positions then.
What happens after Jan 26th?
Thanks
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