Adjusting 180 bars to the CLOSE of yesterday thus the LOD at close
rather than this am at 9:45
that moves daily timing up a little
204b is now @ 11;30am
228b @ 2:30
Hourly still at 11am - 1pm & 3pm
but more important is 258bars which is NOW at either close today or open tomrrow
Since 180 b hit at close, This would suggest that 258 b hit at OPEN wed to 9:45
plus there is a 14.6% of 13 day at 9:50am helping to pull it down.
this scenario is corroborated by the Power & Propensity index's rising and falling as above.
Any rally that fails today after 1pm will most likely duplicate that effort tomrrow
Feb 4th and FAIL again thus LEADING us the a deeper LOW than Monday's close
at 11am on the 5th
Wed has 30b @ 11am and 60@ 3;45pm
thus we could see rally attempts on 4th @ 1pm, and or 3pm with a failure at close
leading to a lower low on the
5th
5th at 11am > 23.6%/13 day at 11am
5th >hourly at 11am
5th >moon 180 Pluto at 11:17 am
However, the LOW of the 5th @ 11am appears to be INTRADAY below spx 700
Then rebounding to a more meaningful rally from there into the 6th at close
The ENTIRE wave structure from now till close on Friday appears as a CONTRA TREND
rally probably labeled as a micro wave 4, giving way to micro 5 next week as described below.
Setting up another Friday GREAT SHORTING opp
A higher close this Friday is very deceptive as most Elliott tech analysts
will deem the decline OVER
and you already know that they are usually short sited and tend to call
wave completion somewhat early- ive mentioned it several times
and continue to prove it often.
MY studies indicate a MORE SEVERE sell off thereafter on March 9th & 10th
Some people have already told me that March 10th should be a HIGH
I DONT believe them !!! - > why ? You ask- because I don't have to follow others
heres my outlook
Natural Energy indicates a lower low
Astro energy indicates a FULL MOON LOW
9th reading > BAD Start & Unwelcome news
10th reading > Surprise shakes ups
the 10th is 11 days from 23rd
50% of 13 day cycle at 2pm
11/33/55/77 month low as per Jerry R
250 tr day LOW as per tradings cycles
44 tr days on 12th = Bradley TURN date
44/11 = 4 tr days low cycle
11th reading > GOOD NEWS and CHEER
12th > cooperation
13th > delightful
Still got 1pm for high today and tomorrow 4th possibly at
either
More Later
Jay
4 comments:
"...as most Elliott tech analysts
will deem the decline OVER and you already know that they are usually short sited and tend to call wave completion somewhat early..." LOL
Way to say it Jay. Why more ellioticians don't use as a compliment, cycles and astro is beyond me. I mean don't they realize if you paint a frame around that classic 12345abc wave - you have a CYCLE. What mystifies me even more is ellioticians dissing cycle analysts, claiming cycles don't work. ABSURD! Either they're lying thru their teeth and hiding truth or they just want to wallow in arrogant ignorance.
Anytime I hear an elliotician say cycles don't work I get suspicious of him/her very quickly. They're hiding something from you OR they are not real truth seekers.
Alvin
phimate date on the 13th give or take a few days.
Alvin
Yes Alvin
Elliott works well in conjunction with CYCLES and anything else yu can add to
the mix as I do.
Elliott gives you perspective
but I cant live on it ALONE
Jay
Th point about cycles is interesting, the prechter/frost book on EW has one page showing a great call from the 70s, that page clearly states that the forecast was made possible by taking cycles into account, it even point to the source for those cycles, and when you look up the source you find astro !!
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