I made this bigger, but it got a little blurry
NOTICE
the sharp Decline in FEB is met with a quick rebound
AND RETEST LOWER within 10 days
Such action TODAY would equal
March 6th LOW
March 12th High
March 18th LOW
Its 2;45 and the 3pm high is getting near
looks like it wants to make it to 752 spx which would
be about 50 dow points higher to 7199
Ill mention it again
TODAY is an 8 day HIGH & Bradley date
TOMRROW is an 8 day TURN
3pm and 3:45 are typical times to look for
GLD same now as equities
March 12th reading calls for excitment
March 13 calls for a ROUTINE day & Accept a change
Jay
5 comments:
Is there a reason to match this with 1949 as opposed to 1948? (I understand the 60-year cycle significance.)
If you look at the chart, the lower low was in Feb/March 1948, then a higher low in October 1948 and then retested it in June 1949.
Could we try to match the current market to 1948 Feb/March? That would actually fit with a fair number of things.
Just wondering aloud.
Ben Bernanke on TV on Sunday, 15th.
I am quite amused at this point.
For those of you follow Merlin & his charts on Chart Edge - his weekly chart has been right on.
If you have access, take a look.
I always love it when Jay & Merlin are in sync.
Steve
WE ARE WAY OUT OF SYNC with Merlin this week of march 18th
????????
Bernanke said nothing we didnt already know
But the general public now knows
more than they did b4
TTHHHAATTS ALL folks
Jay
PS, I really like where he has taken the Fed
Direct HONEST open talk
NO FEDSPEAK for BEN
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