attention traders !!!
Please verify that 34 wks from Oct 10th = June5th
IT doesnt,
but June5th is an important low regardless Sun 90 Saturn
In addition heres the outlook for JUNE5th
$ woes & depressive
Harsh realities & expect aggravation galore + obstacles
watch your valuables & dont sign documents
SOUNDS LIKE MY KIND OF DAY - the BEAR GROWLS & attacks
__________________________________________
BUT still not as
important as JUNE17th- June 17th- June17th
do you think I'm repeating myself?
WHICH IS -- YES IT IS = 34 weeks = 171 tr days
October 10th to June17th
June17th- June17th - June17th
**********
And now the rest of the story for june17th
34 wks = 171 tr days = Oct10th low to June17th
Yet to be LOW
March 9th to June17th = 71 tr days
ive heard this cycle mentioned occasionally
_________________________
JUNE17th , June17th IS ALSO
FIBO wealthy
233 july 15th,2008 - low to low
377 Dec 17th,2007 - low to low
144 Nov 20, 2008 - low to low
______________________
AND even more important
60 year cycle low to low from June17th, 1949
_____________________________
Dear Mr. Trader
please contact your nearest online broker to take advantage of this deal
OH Yeh, BTW,
This communication will self destruct as soon as you view it so no comments are necessary,
unless they are constructive.
Best Wishes
Jay
29 comments:
Thanks jay. amusing.Looking forward to the 17th and also 5th
sam
Joe@tradethecycles said at EOD today:
SPX peaked a half hour into the session, did a Wave 1 down, a Wave 2 up, and, entered a Wave 3 down move at 3:05.
Kathy
ps. thanks Jay for the updates.Yes the !7th of June is imprinted on my forehead now. Please let us know when you're going short around the 8-9th.
You still expecting goal of 8200 on dow buy tomorrow at 10:30am? thanks.
Yes wave 3 down should be for the OPENing JUST LIKE IVE been posting since last week.
I hope its a deep one because the
power & propens indexes show a pretty good recovery, and if there were no dive at open they could possibly have made it to 8900
but will probably get back to even up at about 3pm, then drop off again near close
the 4th looks like floater, and the reading says watch and wait.
but be flexible, IMO, meaning the close could set up the 5th for the banger
Jay
So jay, here is the strategy, cover short around 10:25--10:35 am. Nibble some longs. and then 3 PM rectivate shorts and wait for the 5 th.
cover shorts on 5 th 3 PM? Go long until 9th. Load up shorts on 9 th or 10 th. watch the fun until 18 th.
and then a super rally until end of the month.
I hope I captured your sentiment correctly. thanks again Jay for your guidance.
sam
Jay here is a post from other blog that agrees with your scenario. Just FYI. hope you do not mind.
http://uidezine.blogspot.com/
sam
Without IT signal, it's like a journey without a map. But I can show you my ST signals which can lead us to the right direction until we get back the map. I got the last one as posted today, but one of the internal data didn't confirm it. I've seen occasional failure without confirmation, but it's still solid signal, in case you are nervous.(Don't forget your stop) My projection says 930 or 912 as of today's data, but SD patterns will confirm when we get there. It will be the great level to cover your short.
For IT, my guess is we are heading higher to set up one more bullish looking chart. It seems just necessary to shake out late bears. Let me reemphasize this. Keep it simple. Follow your ST signal and don't worry about the IT targets or direction for now
anon,
What's an "SD pattern"?
Sol
FYI
UI works off SD
SUPPLY & DEMANnice and simple and of course right to the point
BUT one needs to have the Criteria to develop a system that works, and I guess you have.
Thats great and hopefully we can be helpful to each other
___________________
Jay
JAY, thanks for ur continuing work...you are right...hardest thing is WAITING...WAITING now for LOW 5thJUNE >>>> then LONG until 9thJune >>>>then SHORT 9/10thJune to watch the action of 17thJune.
SAM, thanks for the link to UI.
Pete
Hi UI
journy with out a map- PERFECT
I call it groping in the dark-same thing
And thats what my work accomplishes for the most part
As far as June1st is concerned how would you define SD levels on May 29th- Jeffrey Tennant was confused about June1st and had projected a major decline.
IU
Please do sign in as a follower
Sam, You've got the outline correct for next 2 week, but YOU realize it never works exactly as we think it should so LETS be mentally FLEXIBLE, and I know you are.
Thanks for acknowledging my feeble attempts at humor. [g]
Kathy, I looked at
Tradethecycles but it opens at April24th and I dont see any updates??
BUT yes, I can see the wave count
Ive been doing Elliott waves analysis for many years.
Futures this AM are pointing LOWER
dow off 50 to start
BOTh the power & propens indexs are in sync for a lower open as previously projected at 10'30 to 11am on the 3day & bar cycle low
Should PIVOT higher from there,
to about 2 to 3pm and a lower close, which should be at least as low as the 10;30 low
___________________________
basically there is no change from previous projections
More Later
Jay
9am
Pete,
You nailed it
Jay
WAITING our turn
Ok Kathy
I found JOE the trader and his Twitter
thanks
Jay
ps; Anon; DONT GET LOCKED into PRICE levels
I USE TIME
so whatever level the dow is at3;11 on friday is what we will get
Jay
Thanks jay, I do understand that there is always a surprise waiting for you. Otherwise, we all would be warren bufet.
after having followed you, I also came to conclusion that your timing calls have been very good, which is very important. . extent of movment can be looked at by TA.
Sam
JAY,
YOU are pure GENIUS my friend!
LOVE your work!
Pete
Great call Jay. right on time.
sam
Can you please indicate the position of your indices for June 3 and June 4?
I am confused really.
I understand that June 5th is a dooms day but what is the chance of a rebound today and tomrw?
If you read the previous pages, you would see that Jay cleared stated his positions.
jay here is another blog that has similar scenario. FYI
http://allstarmarkettiming.typepad.com/my_weblog/2009/06/index.html
sam
6/02/09 (Commentary for Tuesday) The SPX worked in a sideways pattern today amidst positive internals. Tomorrow is the second Turning Point Day of a cluster and should give us a 5th wave top from the late Friday rally - the Large Divergent Decline (.90 to .69) in the Option Premium Ratio and the Big Move Signal in the McClellan Oscillator argue for a large move down in the next couple of trading days - but only after a new rally high is achieved. Gold and the HUI/XAU are due Projected Weekly Timing lows from Starkey this week - buy the dips. The decline in bonds looked corrective - watching this market closely - bias is for much higher rates in the intermediate term. Low bullish sentiment numbers from whispernumber.com (19%) keep us from betting too heavily on the downside here for stocks.
Stocks - The SPX traced out a 4th wave
sam
6/02/09 (Commentary for Tuesday) The SPX worked in a sideways pattern today amidst positive internals. Tomorrow is the second Turning Point Day of a cluster and should give us a 5th wave top from the late Friday rally - the Large Divergent Decline (.90 to .69) in the Option Premium Ratio and the Big Move Signal in the McClellan Oscillator argue for a large move down in the next couple of trading days - but only after a new rally high is achieved. Gold and the HUI/XAU are due Projected Weekly Timing lows from Starkey this week - buy the dips. The decline in bonds looked corrective - watching this market closely - bias is for much higher rates in the intermediate term. Low bullish sentiment numbers from whispernumber.com (19%) keep us from betting too heavily on the downside here for stocks.
Stocks - The SPX traced out a 4th wave
Yes
June 2nd was an 8day HIGH
June3rd is an 8 Day TURN
perfect score
Today should close on a lower low than the low at 10;30
10:30 HIT the 13day cycle- exactly
Tomrrow should open higher, but the 5th is the key date to make a serious low
GOLD, finally giving it up
geesh
should follow equities this week & next
Jay
Jay, an estimate on June 5 low?
Thanks. Great job.
Jay do you think rally time now until 3 PM?
sam
WAITING WAITING WAITING.
FOR A GOOD SHORT ENTRY.
SAM
jay if you so sure about 17 June .........why do you say 10-17 June ? Don' t misunderstand me .........i don' t want to put you in trouble.........I' m just trying to refine my next short entry.Also i base my trading upon myself, but like to listen to someone else as well. Do you think we' re going to begin a drop to sub 600 SP ?
activity index rising from 66 to 266
at 3pm
But I do like the Rise into 3pm.
Remember when the LOW was at 3pm we got the end of day rally.
thats How the hourly turn works
now we should get a lower close after the 3pm upticks
Jay
JAY, YOU SAID WE MAY SEE HIGHER OPENING TOMORROW. WHAT DOES YOUR TIME CYCLE SAY ABOUT TOMORROW?
THANKS
SAM
I think I'll short the open re-short the open tomorrow and buy the 1st hour low.
Billy
Jay -
I hate to say this, but I believe we have already seen the low.
Merlin's weekly charts have been good, and has been right on this week.
It had a low late today, and is looking for a significant rally tomorrow.
This reminds me of Arch Crawford, who probably made more bad calls than anyone in the business.
Many of his major down days turned into major rallies.
Could this be such a time?
My guess is yes.
Steve70
Jay, any update for tomorrow as the last 15 mins ramp up job. It does prove anything bullish for tomorrow
jAY HERE IS TODAY'S AM REPORT FROM mAHENDRA. fyi. iT SEEMS THAT HE IS LOOKING FOR A DOWN DAY TOMORROW.
How does it agree with your model?
SAM
Dear Members,
The pain of the fall in USD was there Yesterday and on Monday, we were acquiring more positions and we hope that many people must have taken this fall as an opportunity of buying. Those who wanted to buy shouldn't miss current price because according us you are getting dollar at free and you may not see this price again in the next five years to come.
There will be huge corrections in commodities. The current time is to remain awake, watch the markets as big opportunities are coming to make a lot of money.
I was just reading the charts of stock markets. Moon says that a huge fall is on the way from late today or early tomorrow. Plan your trades wisely, carefully and accordingly.
Buy FAZ at $4.65 against the weak market, as this can make you tons of money in a few trading sessions.
Metals remained sideways for the first day as predicted and we don't expect a higher price from here onwards. Base metals may remain sideways as predicted in newsletter, so focus on precious metals.
Sell oil at 68; Sell cotton at 58.44; sell Sugar at 15.38 and sell Soybean at $1206.
This week newsletter is here: http://mahendraprophecy.com/LatestFlash.asp?Id=458&Page=1
Thanks & God Bless
Mahendra Sharma, Wednesday, 5.00 AM
www.mahendraprohecy.com
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