I thought you might like to see this for referenceHeres some other data that we might be able to use for trading
COY had posted his projection for a low on NOV 12th
Nov 12th = 264 tr days from OCTOBER 27th, 2008
at 4pm on the date, the 13day & 4 day cycle bottomed-
next day dow was up 900pts
THIS YEAR
NOV 12 = 264 tr days = a 78.5%/13 day cycle at noon
AND
264 tr days /8 = 33 segments of 8day cycles
ITS also 89 tr days from JULY 9th, 2009
NOV 12 @ 2:10pm = 8 days [52hrs] from Nov 2nd at 2;10pm
NOV 13= 176 tr days from MARCH 6th - low
176 /8 = 22 segments of 8day cycles
55 tr days from Aug 27, a high
110 tr days from June 10, a high
144 tr days from Apr 22, a low
Midnite LOW tide on 14th
Saturn 90 Pluto on 15th
BASICALLY,
IF Nov 12th makes a LOW at 2pm time frame,
then NOV 13th could start
a new uptrend prior to the new moon on the 16th.
37 comments:
no way
AAh Forget Jay and co. No more Lows anymore. This is way to BULLISH!!!!!!!!
The bears just got the Bull horns up the rear AGAIN!!!!!
See you nest year at NEW HIGHS!!!
The BULL won't be beat.
x
X
YOU ARE incredible
ALL THIS today IS just an additional
place to add to shorts, if you bot some on FRIDAY
On the SPX, it looks like an ABC from the HIGH at 1101
Today as the "B" wave
which means the "C" has to take out NOV 2nd low UNDER 1029
Jay
How far up are you going to scale jay? Looks like we're flagging for another launch this afternoon. At what point do you say that we're not going down and this is another rally...1090, 1100, 1150?
ty
Great chart from Jnavin-
http://cumulativetick.com/spy/
Volume getting relatively worse throughout the day. ADX shows sellers non-existent. Once they show up this will go down very hard.
twobits
I'm not rejecting the Bradley turn yet. I have 14:56, or thereabout, in mind.
The intraday structure of spy looks pretty bullish today. We'll probably close on the highs today and set up nicely for another gap up unless sellers show up
Time for a new target jay. Looks like we break 1100 soon. There's nothing bearish about todays tape
this is truly horrifying to my trading account! lol
Today is a Bradley Turn Date, so we have 4 days (BTDs are +/-4 days TTBOMK) to reverse.
I'm thinking Wed-Thurs. Until then, more upside is possible.
Cash is a position.
There's no question we're gonna get a correction. But will it make a new low?? Judging by today's tape and looking at my charts....I don't think so. I think the market faked evrybody(especially the bears) out of their socks today.
Dang! including me!
At the next low I am going all in to the long side.
max
I think McHugh has a Phi mate turn date around here also
13:38, charts updated, starting to see some minor profit taking off the probe of 1088. If this market breaks above 1088 its going to 1095 quickly then 1125. That opens the door to a parabolic blow off advance like the Japan markets saw in 1998/2000. This is a super critical point in market history. Fridays close had the markets at a classic wave (1) down wave (2) classic retrace and its now at the max extension window, this is truly a make or break moment in our entire history as a parabolic blow off can only occur at the exhaustion of a society.
Larry
Cycles, retrace, astro, bradley..blah, blah. We're going higher...simple
I've been buying dips daytrading long for about 5 days now raking in dough while bears are scaling short. If you're long, hold for one more day at least. We should launch after today's consolidation either tomorrow or Wednesday.
ptg
Don't overthink. Like I said last week, we're heading to 1100 minimum. We're only 10 points away. At 1100 is the big question whether we set new highs or now. H&S pattern is blown up again like before. If we stall at 1100, then maybe short. If we break 1100, it could go much higher...keep an open mind.
ptg
Bradley, schmadley.. +or - 2 days?
Big deal.
Fricken Elliotwave!!!!!!!!!!!!!
what a joke!!!!!!!!!!!!
Elliotwave DOES NOT WORK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
ptg
PTG,
I've said that MANY times!!!
It only 'works' after the fact.
Forget about it. It's BullShit.
NOBODY I know Trades it profitably
consistently. NOBODY
where the frick is that mahendra dude?
nothing but a lousy fortune teller.
kool
Hmmm...some suckers are impersonating me...lol The last place I'll post trades is here...so good luck. But I did keep saying we were going higher since early last week. Just read my posts x...asscracker...nice1 buddy. Don't be sore because you're still stuck short LOL
never mind, I'm just having fun with you all. But I'm still never going to post here again.
ptg
I quit.
I'm short ES1091.25. will close out by ES1084 tomorrow. this thing could be headed higher if it doesn't break ES1082 to the downside tomorrow.
HEY GUYS
You really DONT NEED TO BEAT Up on EACH OTHER
Just state your case and be done with it
Only people with inferiority complexes pick on others
I know there's NO one here with that type of complex.
You are all good traders, and like any trader we get off track
Had bullish all LAST week
NOW we are at HIGH, and it should start to erode, but dont expect anything serious until Wed afternoon - bank holiday.
Jay
Terry Laundry has a New Bullish T. The correction is officially over. No new lows. Bullish till next August 2010 with monor pullbacks inbetween naturally.
Sally
Sorry, Here's Terry's quote:
Monday Nov 9th Comment: New T formed unexpectedly. Note double bottom in green AD Line along with the oscillator upside breakout of Cash Build Up line. That is sufficient to confirm a new T.
Sally
yo Sally. ttheory is another loser. Sunday update was 110% wrong. he was wrong in Feb. advising to get in. missed the March low. now 24 hrs later his correction is over. give me a break. terry laundry is a terrible trader . ttheory is not a trading tool. he is always late getting in and way too early getting out. his idle Marty swartz said the same thing. ttheory will always under perform. nowt the correction is over, he cant even recommend what to get into... hes not sure either. he wasnt even prepared for this option. all the best. everyone is now reading. his advise will be kiss of death
anonymous
so what's your advice? Where are we going? what are you into?
praytell please.
Sally
Samamehta::::::::::
Ask Flashfusion when the bear market starts in 2010 and let us know here.
please&thankyou
or Jay could ask him too.
thanks
Sally
sally, ok laundry is either a schill for wall st as many advisors are or he is the dumbest trader alive asmarty swartz detremined. either way by the end of this week he will be correcting himself once again and calling for the correction to continue thru month end and early DEC. sell commodities thru month end and buy back in mid late dec. sell off coming otherwise you are already 3% behind the move as laundry was in July.market high comes in on wednnesday.
gl.....z
Bank Holiday?
z
okay thanks. I had a feeling this intermediate cycle wasn't completed yet.
sally
Duh..my daughter works at Capital One Bank just ask her says they are closed thanks Jay
Europe and Asia up so far, good point below http://alphahorn.blogspot.com/
regarding - RSI should be below 50, 20 EMA above 10EMA, MACD crossed and <0
- Stochastics below 80%
Good analysis in-addition to what some Longs here have had to say. Tue Nov 10th the IBD Economic Optimism is being reported so I believe will have some new high tomorrow,,,, Usually Nov 11th is an up day as well. Anyhow, Im LONG till TSX 10600 and DOW 10300, if we brk this with some good steam then were going to 12200 on TSX,,,, Would love to see this run up but its obvious there has to be a retreat of some degree to thrust UP into the new year....
Anyhow, I will let the TA experts do there thing. Thanks to all who add comments to this Blog.
Thanks
Joseph
Good Morning, overnight Asia traded slightly positive, Europe is mixed SnP futures have drifted sideways and the dollar bottomed at 05:00. That takes away all the force that drove the market higher Monday. No forced buy programs, no tanking dollar no shorts being squeezed today. Today will require some real cash buying to move the market higher. Odds are we get a 23% retrace to 1082 areas before the overnight futures are pumped up to a 10 point premium forcing cash buy programs Wednesday around 03:00 AM. That has been the pattern, pump wait two days pump again.
Larry
Tuesday, November 10, 2009
8:55: the futures are trading to the downside in pre-open, currently projecting the SPX CASH to open around the 1090
level, plus or minus. heading into Tuesday's session we have first support at or near the 1084-1086 region, which is
Tuesday's daily projected support low for the SPX. resistance will be first at the 1094 figure, then not until the 1104
daily projected resistance high, plus or minus 2 points. for the daily chart, the recent action has given the best indication
that our larger combination low was made at the 1029.38 figure on the SPX - which would favor a continued move on
up to the new 20-day target of 1110 - 1129 range. intraday today, the patterns favor the SPX to be weaker in the first
40-60 minutes of trading (potential test of daily projected support), then to be followed by strength into around 12:40
pm EST, plus or minus, then potentially weaker or sideways-to-down into later in the period (3:00-3:30 pm EST).
here is the hourly cycle/channel chart updated to yesterday's close:
Jimmy
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