THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Thursday, June 11, 2009

JUNE 11th

I was looking for a chart to post but not out there to my liking

anyway today is again showing MIXED results

futures are moderately lower toward open and so is the
activity index which is bouncing between low #s of 66 earlier at 8am
to NOW at 100 at 9am

Pwr index also lower for open but after a small recovery slips lower later
no real change from yesterday's outlook for today, except NO open high
Propens index shows potential for rally high to challenge 950 ONCE again

summary
after a lower open we should expect a rally to maybe noon to 1pm
then steady slide into close

I like the PROSPECTS for tomrrow according to the power index
which shows a HIGHER open, and steady sell off afterward like yesterday,
with possible later recovery.

As far a NEXT week
PANICS cannot be seen in advance UNLESS you are reading natural energy patterns

Jay



15 comments:

Jay Strauss said...

OK, OPEN rally HOORRAAY

Shorted the rally again
Should sell off after 10am

Jay

Ravi said...

Hi Jay:

SPX likely was in wave iv triangle since June 2 hi that completed e of the a,b,c,d,e at yesterday's low.

So we are likely in 5th wave with min target 962 where v = i. Higher targets possible.

How does that fit with your work?

Ravi

Anonymous said...

After 10am tomorrow? doesn't look like it will sell off anytime soon

Anonymous said...

After 10am tomorrow? doesn't look like it will sell off anytime soon

Anonymous said...

Strong market fueled by successful auction and BAC news. Doesn't look like its going to finish positive for the day. Bears again get skined

rrman said...

Jay whats your thoughts still sell off into the close?

Jay Strauss said...

Its now 1;30 and they are still rising
Spx 956
Ravi
If 962 completes the 5th wave of this triangle, then
what happens AFTER 962 spx ??

Yes My indexes still point toward a lower close

2pm has a 13 day cycle which can extend out an hour & 258bars at 3pm

Astro turns negative at 3:45
and 5:45 as well as 10pm
No way to tell the impact until we see it , but it shuld be negative.

Im adding more shorts above 955
at 1:35

Jay

Anonymous said...
This comment has been removed by a blog administrator.
Jay Strauss said...

CHIEF
This is the kind of comment I was referring to
I dont come over to your site and gloat when the bears are in charge, so why do it here??
***************
Never MIND, keep doing it
SNEORT all you like
It just shows me when we are near a TOP right at 1;41 pm
Thanks
Jay

Jeff said...

Hi Jay

What do you mean "eyeballs"? I'm sorta naive on the term

Jeff

atilla said...

Hey Chief,
The bears will have their day.
Spx to sub 600.

Velvetunderground said...

Yes lets hope thats the last of the bulls loaded on the truck, im also tired of their bellowing - on every site I visit
I dont like the way these currencies are behaving however, either they start heading south soon or I fear there may be more bulls to load.
Bought some tickets in the spx june put lottery, wish me luck!

Jay Strauss said...

Sorry Jeff;
thought you were some I know
who uses that handle
_____________________

HI Velvet__
Tomrrow has ONE more shot to make another high midday

then we get to GROWL for a few days
see my posts for next week scattered throughout my blog

When Panics take over there are NO reasons that CNBC can drudge up
that make sense, BUT as Ive written MANY MANY times

They MUST come up with a REASON
because
PEOPLE WANT TO KNOW !!!
WHY did it happen???

Jay

Anonymous said...
This comment has been removed by a blog administrator.
atilla said...

Hey Chief,
it will be a huge decline and i will be vidicated. Sub 600 spx