THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Friday, May 15, 2009

Fred's Chart

SPX fractals

Numbers not shown

BUT
SPX 898 he writes TARGET hit
and the LOWER level is RIGHT at 867

Matches the numbers posted by FLASH
Jay

7 comments:

Jay Strauss said...

open down 10 pts on dow and that means MOST of the 90 bar cycle had already hit at 4pm, leaving only a small residual

SO, Now we look for the next low point today
120bars @ 12:00 noon
or
126 bars at 12;30
then 150 bars at 2;30

If that low comes in on schedule, then it allows the mkt to recover into near the close as previously described.

UP22, has given way to -4 and now
flat at 9:40

Jay

Jay Strauss said...

HI Kyle -welcome

THIS IS NOT going to be a beary nice day

Venus 45 Neptune = fantasy at 8pm tonight
Sun 90 Jupiter = optimism tomorrow
BOTH of those aspects overhang the bull market and seems to be keeping it afloat today

Hourly hIghs are
11am
1pm
3pm
3;42

in between
bar cycles
9:30
12 noon
2:30pm
as you can see they are neatly entwined with the hourly highs

SPX once again is way behind the dow indicating a lower mkt to come and it looks like Monday
and even Monday might not give it up till late afternoon @ 3;14 =
moon 180 Saturn

Next week the best bearish aspects occur on Wed
Merc 90 Neptune
venus 150 Saturn
Merc # pluto
Merc 90 jupiter

this is called a harmonic CLUSTER

Todays prop reading indicates a Down
UP
Down
Up
Day
and power index also shows higher later as previously indicated several times

Jay

Jay Strauss said...

FLASh DOW to 8425 = SELL later today at that level

should equate to spx 901

Jay

Jay Strauss said...

high was due at 11am
10:45 was exact high

8425, not quite - but 8394 is darn close

BAR CYCLE LOW at noon to 12;30- exact hit

1pm recovery to 3pm

BUT 150bars at 2:30 is in its way

3:19 noom II pluto- might have some positive influence

I havent sold anything and have not added yet, but GOLD at 933 is BEGGING to be sold

Hadik's timing for gold high is RIGHT NOW

more later
Jay

Jay Strauss said...

Finally
OIL getting hit - gas was headed to $2.50/gal, but summer decline should keep it under $2.25

GOLD should follow

both seem to be tracking with the spx

Jay

Jay Strauss said...

The Activity index held lows at 100 indicating the mkt had no clothes

it has now ticked down to 66 ,and that is just one tick from the lowest possible level at 33

Now loking for the 150 bar cycle low at 2:30

BUT IF spx 881 gets broken, then we could see a deeper low

spx off 9 = dow off 72, and Dow has still not caught up yet-or down yet{g}.

NOw down 56 as I write this at 1pm
1pm may have hit a minor low, but I see lower to come

OBV peaked at 10:45 with the mkt and has dropped considerably on the 1min 1 day chart
MACD Ditto above

recovering a bit after 1pm

Later
Jay

waterfall said...

Hi Jay,

Following the close on friday, where do you see the SPX for the coming week or two in regards to highs are lows?

Thanks