CONFUSION or NOT

THIS TYPE of WAVE count confuses everyone, even me {G}

The big question here is
DID the E wave HIGH actually occur @ 850
Or
IS there still more UP to go late today and or Monday

The actual D wave can NOW drop between 850 & 816 today
and rally one more time to 850 on Monday as the E wave
_________________________________________
FEb 12th is 55 tr days from Nov 20th, and should offer a strong tradings LOW
It might NOt be the BIG 3rd wave most Elliotters are expecting but
we could easily get back down to 780-790 spx

Take a look back at Nov 13 to Nov 20- Dow lost 1280 pts
a low at 780 area = a loss of 70 spx pts = 560 dow = 7500 area
thus matching Nov 20th lows on the dow , but NOT the SPX

Thats a CLEAR WARNING for bears when the
SPX stays stronger than the DOW
________________________________________

FUTURES reversed UP at 8:30
BUT
OIL is DOWN over $2.00
and futures are weakenning at 9:15
___________________________________

Hours today
10am - should be a high & futures are right there
then
10;47am
1:06
3:15

Bar cycles
258B @ 11:30 - this could be the most important low o f the day
30b@ 2pm

this leaves 60 bars for Monday at 10am on Monday which
COINCIDES with THE 9:50am ECLIPSE

PC ratios yesterday are mixed
but OEX = .72 and is the most sensitive index and is bearish
Jaywiz index =.22 on WEd
=.54 today


More NOW
Today Feb 6th is an 8 DAY segment and should be a LOW
BUT obviously might have become the 8 day HIGH
Monday is an 8 day TURN , and as such should offer
at least 3 days down to the 12th.

12th again, is 55 trade days from Nov 20 ***********

WATCH FEb 12th NEWSPAPERS
on Nov 20th the NEWS papers reported { WALL ST SLUMP}
and we all know a rebound started from there
SO, its sell the rumor- BUY the news

NOW, keep in mind
there are indications for further losses after April 19th thru MID June

OK Now, this time , its More later
Jay