THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Monday, March 30, 2009

Sell off Continues

I was hoping for a typical open, but it looks like the PROPENSITY index is confirming a
low at the 11;30 to noon time slot at

126 bars @ 11;30
and
55% of the 13day cycle ALSO as 11;30

any rebound should also give way to a lower close and or lower open on Tuesday
AT 180 bars

The propensity index is also confirming a sharp rebound on Tuesday as does the power index
THEN - exactly what time tomrrow it will peak is only a guess BUT

using what we know about typical hourly cycle we can look at either 11am or 1pm or 3pm
or we could add short positions at each time slot, but I should have a better idea on that tomrrow

It would look like April fools day belongs to the bears club

Any time we get a downtrend like this off a 4th wave high,
we can expect huge but SHORT live rebounds which we should see on
March 31st and AGAIN on April 2nd

BUT DO KEEP this in MIND
the trend is DOWN thru at least April 8th for NOW
SOOO, Any intraday rallies will give way to more selling thru April8th
April 8th is also a midnite low tide

April 10th is closed for good Friday
so any rebound that lasts all day would have to happen on the 9th
and it could be quite a bullish day

More later
Jay







1 comment:

Superbear said...

Could Tuesday be down and Wednesday be up?