FROM June11th at 956STILL looks like 5 waves DOWN to 888 = 23.6% for an "A" wave
Looks LIKE 3 waves up from 888
NOW is "B" wave rally to 927 so far
888- 956= 68 pts
68 x 62% % = 42 + 888 = 930 ********right there now
68x 78.6% = 53 = spx 941 - this would be a MAXIMUM
Activity index has come off its highs and now at 233, down from 300
WAVE EQUALITY
That makes the "C" wave low possible at 859
or a multiple of 68 x fibo 1.618 = 110
930 - 110 = 820spx
859 seems more likely on July9th
Jay
12 comments:
Thanks jay. what is your LOD timingwise? at the close or 3 PM etc/
sam
might roll over into tomorrow
propens for tomrrow not complete yet
yet, but early shows possible low at open
Cant bet on it yet,
Jay
2pm tomrrow is 50% of 13 day cycle low
propens index now shows TOMRROW as a lower low than today after the open
could be 10am to 11 am
Jay
Thanks Jay.
sam
The SPX IS GETTING READY TO EXPLODE DOWN.
noble
You can play is anyway as long as its a profitable transaction
LOWER LOWS as describe WILL be available on July6 to 9th at spx 860 to as low as 820
BUt anytime along what way, you can take a profit and get back in at lower costs, then I do would it
Wednesday's PLUNGE will leave NO doubt as to the next move
So, Im going to sit on my position
for now as its NOT profitable
at these levels
Jay
With all due respect Noble, could you
please explain why?? Thanks.
Typical price action to stymie daytraders. Again all the action will take place before the OPEN. Better get used to holding overnight to make the maximum profits.
noble
Sam,
A quick plunge could come at close, and I cant tell if open will be lower or not
activity now at 200
not a resounding sell at all
NOT yet anyway
Jay
Marcus7:
Jay just explained with latest post. Other reasons why but they are my little secrets.
Goodluck
noble
Noble,
Thanks.
Noble
Its OK to have secrets
thanks for your constructive comments
no need to give away the ship, as long as it floats
Jay
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