THE FUTURE

THE FUTURE
PRECISION STOCK MARKET TIMING

Tuesday, January 06, 2009

TODAY


He's missing an OPEN rally which I missed also,
but FUTURES are +10 SPX pts
10:44 is first hourly and could be the dyasHOD

Bar cycle LOWS match HIS chart
60B @ 11:30
90b@ 2:00

Hourly TURN at 3.08pm could by a HIGh rather than 4pm,
but that remains to be seen -
IF, ~~~ 3:08 pm turns in a HIGh that mtaches 10:44, then I will
deem it as a HIGH, and I will be looking to buy puts at that time

Lets ALSO watch OIL prices to see if it backs OFF the opening highs
I THINK that would be Ibo's clue to future SPX prices

Since I am expecting the 7th to OPEN in EXACT reverse of today,
we should see oil back off today

Jay__._,_.___

2 comments:

Anonymous said...

ChartsEdge is no better than flipping a coin

Shankar said...

Out of curiosity, any significance to your new signature?

945/952 (Today) - 860 (Next Week) - 1,000 (23) - Sell-off

Those are my guesses about the path/levels.

Incidently, the next cyclical bull leg may not start till March.

The bottom of the market is probably between 2010-2012 around Dow 3,600. Looking at 100+ year chart, we could see 1,900 - but I give it extremely low probability.

Check your blog regularly. Really good work. I am not a day trader, but your blog is still quite helpful to me.