THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Wednesday, August 19, 2009

UPDATE

I am attempting to put the pieces of the WAVE puzzle in place,
so we can ALL get a handle on WHATS NEXT

As of 1:30 as COY posted we are NOW getting what MIGHT be the 5th wave of "C" = X ??


IF so, then the NEXT BIGGER move has GOT TO BE DOWN
DOWN TO WHERE ?? you ask. GOOD question

I posted some possible levels, but I personally cant see such a
drop in the next 6.5 hours to 2pm tomrrow, or to friday AM open , to such lows

1018 to 980 = 38 pts = possible wave "a"
right now at 1;30 might be wave "b"
which means wave "c" dead ahead

38 x 1.618 = 68 - spx 999.61 got tagged a few minutes ago = spx target of 931
NOT out of the question, but WHEN is the next question, of course
38X 2.618 = 99 - 999 - 99 = 899 , we might be asking too much [gg]

However, Aug 20th AND part of 21st might HOLD the key to the above lows

I know what I wrote on the previous comments
Tomrrow is an 8 day LOW
Friday is an 8 day TURN

Tomrrow new moon is EARLY at 6am, and the after effect could be DOWN
there are 2 astro events that are strongly negative
both are MERCURY aspects - which effects OUR THINKING
Merc 150 Neptune = CONFUSION at 5pm tomrrow
merc 180 Uranus = SEVERE news @ 8 am friday - which is why Im expecting a LOWER OPEN

NOW, heres more
Monday has potential to be a HUGE rally, but from HOW LOW ??
THEN -AUG 25th & 26th are slated to SELL OFF into an OPENING low on the 27th at 10;30

I have to say that the MAIN TREND IS NOW DOWN TILL Late SPT
Spt 18th to 25th is the NEXT ASTRO highlighted time zone for trouble
but AFTER the 25th - it QUICKLY leads to a resolution and HUGE rally to Oct10th - yes OCT10th

___________________________________
THANKS for your great comments
evryone is offering good thoughts and concepts

Ravi
IT LOOKS LIKE 1;15pm made the hourly TOP in 5 waves from 11;00am where a pivot
began at 60bars and the Jupiter Saturn 150 mark

LET US KNOW WHEN WE GET the FIRST 5 wve decline off that high mark
____________________________________________

more later
Jay





16 comments:

Jay Strauss said...

just to summarize my main posting

Waves - using astro events to outline the mkt

ABC to "A"
1018 to 980 = "a" on the 17th
Sun 190 Neptune at 5m

980 to 999.81 = "b" so far
New Moon maybe supporting the rally

999- to whatever = "c"
thats WAVE "A"
IF they get that one down to
931, it will be a bears victory

then WAVE "B" from Friday to monday
Next Wave "C" on 25th to 27th at open. which could close out at the 900 level

this is all conjecture, but it seems to fit the astro events compared to wave & price levels

Jay

Unknown said...

Front-running galore. As evidenced by the elongated 1-min TRIN. Where does all that money come from? They're doing their best to prop up this ailing market. It's not going to work.

Jay Strauss said...

COY
Money comes from ???
I call it PFA
pluck from Air [g]

volume must be quite LOW as the OBV is severely lacking on this rally on the 10day/15 min chart

MACD is JUST about ready to roll over

I cant imagine a 450pts selloff tomrrow, but thats what its seems to be shaping up to ??
Maybe wishful thinking??

Jay

Ravi said...

(a) of B 1018.00 978.51 -39.49

a 1018.00 992.40 -25.60
b 992.40 1013.14 20.74
c 1013.14 978.51 -34.63

(b) of B 978.51 999.61 21.10 53%

(c) of B ??? 999.61 960.12 -39.49 (c)=(a)

Yes, deeper (c) is possible to930 area, but for now I will go for symmetry of 960. Talking about symmetry, (a) took 6 trading days, no reason to expect (c) to be any faster. It is NOT 3 of 1,2,3,4,5 ahead.

Ravi said...

in order to get a 5 down on 15 mts chart, we should not go above 997.56 before going below 995.66. Let us watch.

Unknown said...

Jay,
I'll bet Goldman knows what tomorrow brings. I'll just continue to follow the short term trend.

Unknown said...

Ravi,
Would you be long, short or flat here???

Jay Strauss said...

Coy

TYX
peaked at 1;15

and looks like its CHANNELING to a 3rd wave LOWER to 3pm close

Jay

Anonymous said...

well ravi, your condition full filled. we saw 994 first. let us hope this is the big one we have been loking for sometime.

sam

Unknown said...

Victor,

I'll tell ya what I'm doing. I sold my longs at 13:30, went short, anticipating Thursday closes down.

I could be wrong.

Coy

Ravi said...
This comment has been removed by the author.
Ravi said...

sam :

That was not the big one. All it does is gives some confidence that we are done with (b) up.

Unknown said...

Thanks Coy,
Seems like the ew people don't want to commit to a trade. I'm still %50
from qqq 39.85 and holding till i get a new signal which I will post
real time.

Unknown said...

I will state clearly where I am at.
Short 25 percent qqq from 39.85.
Closed %50 percent at 39.05 yesterday and %25 AH at 39.30. Still have %25 short from qqq 39.85. Any EW people wish to share where you stand?
Long,short, flat, etc. With all due respect.

Ravi said...

i have been short since 961 and am thinking of taking loss on the next small a,b, c down. Specially if we exceed pre-market high

Ravi said...

I have been looking closely at 1 minute chart since yesterday's bottom. It probably did not complete 5 waves for a c or iii (counting from Monday AM) and is doing it so now. In which case, a,b, c from Monday AM is not quite ruled out yet.

More on this later.