ARMS index today = .37
KISS OF DEATH
Sure looks like wave 2 morphed into wave 5
higher high at 7400
that was the goal all along
My propensity index for tomrrow shows selling
the Power index shows potential for big hit
how low is low??????
7400 - 6650 = 950
38% = 370
50% = 475
62% = 600
Should be some part of 2days
we are 7 days UP from the low =45.5 hrs
38.2% x 45.5 hours = 17.38 hrs = 2.67 days
thats thursday at 2pm where there is also a 120bar cycle
Jay
THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023
2 comments:
yeah Jay. I'll be loading heavy on the shorts tomorrrow. An 8 day rally is a typical bullish move out of a longer term cycle. It portends to some more upside after a pullback. We'll see if this is a 9 day cycle or a 11-12 day cycle on the pullback. Waaaay too many people think this is a 4-wave. But we'll see and I'll be positioned regardless.
Alvin
yeah Jay. I'll be loading heavy on the shorts tomorrrow. An 8 day rally is a typical bullish move out of a longer term cycle. It portends to some more upside after a pullback. We'll see if this is a 9 day cycle or a 11-12 day cycle on the pullback. Waaaay too many people think this is a 4-wave. But we'll see and I'll be positioned regardless.
Alvin
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