A High June30th
probably lower high than last Friday - cliff wants 8405
then a Solid decline into July6th
then
deeper LOW on 8th & open for 9th
then
Rebound to July22nd High
but setbacks on 15th & 17th on the way up
Does That seem clear enuf?/
After july22nd BEARS take over again to EOM
Jay
Hope this adds some clarity that may have been missing b4.
More later
Jay
3 comments:
Fred Wilhelmus at crossover.com has a new SPX targeet of 945
tlc
Freds Chart -thats an UPPER most limit?
Not an absolute
Power index STILL shows a HIGh on JUNe30th and very srious DOWN day on JULY 1st
recovers some ont he 2nd
BUT
more serious down days follow on July 6th to 9th as previously described
Activity index was at 500 at 6am
dropped to 233 at open, then moved higher to 300 where it is steady at noon
FLUX index also very active this AM, but settling down after initial burst.
Dynamic index also in a rising trend for now at noon, maybe peaking- cant be sure on that one it- updates by the minute.
However, Propens index as described b4 shows a DROP later today , and that could be as late as 2 to 3pm
11am did hit a short term high, but they are not selling off yet at 11;30am
I will let yuo know when there is a change in the activity index If I catch it in time.
Power index showed the low this AM, {{which was ALSO a 38.25/13 day cycle hit at 10:12am}}
then drops off either late today or early tomrrow, - not clear-
but he PRopens is clearer as posted.
the Power index DOES SHOW JULY 1st as a severe sell off day.
not clear after that as yet.
Astro indicates July6th as a severe down day and the 55 tr day cycle indicate july8th closing low & july9th Intraday low as previously posted.
I'll post fred's chart in a mnute or 2.
more later
Jay
Thnaks Jay. very clear. thanks for your help.
sam
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