THE FUTURE

THE FUTURE
DO YOU WANT TO SEE THE NEXT BREXIT in ADVANCE ?

Thursday, November 19, 2009

a simple view

Futures this AM are very negative as is Europe

I doubt there will be anything in the jobs report to change that, and might even exacerbate

Timing today suggests a LOW between 10am & 10;30

higher mid day and lows at 2;30 & near close

Jay

26 comments:

Anonymous said...

Hi there Jay,

Is the 2:30 close higher or lowest of day?

thankyou

jenkins

Jay Strauss said...

HI Jenkins
That is a good question

Should be lower but might not

No way for my crystal ball to tell

Weve had days where the mkt falls
200 pts by 10am and stays all day till last 30 minutes and many other waves.

If my Elliott is correct, we will see wave 3 hit at open and finish 5 waves down between 10& 10;30

afterward, it can float higher as the rebound wave takes over, and no way to see how it will close out.

There might even be a lower open tomrrow also even tho it should close higher

just looking at possibilities

Monday should be lower with the high on WED leading to a very severe sell off on 27th which is a 1/2 day and 30th, thus turning on Dec1st at the full moon CIT

Jay

Anonymous said...

much obliged

jenkins

Anonymous said...

jay

the 10 - 10:30 low mabe for the day based on the way futures are rallying this mornoing. Looks like alot of buyers trying to get a jump head start for tomorrows high.

mark

Anonymous said...

Look at Gold this morning going for the new high rally straightway.

m

Anonymous said...

Who was it that was looking for 1121 lol Ew'vers are too funny. Bet alot of blog followers got caught today

rrman said...

out of shorts long at 1089.75 for a scalp

Anonymous said...

well if tomorrow's a high it won't be a higher high. The 20 day cycle is officially in motion downwards.

jim

rrman said...

/es 1095/97 target on this pop

rrman said...

back short 1088 that was weak on the pop 1084 target

Coy said...

Had to wait and see if I was inverted or not.

High 11:25

Low 14:20

High 14:50

Closing down, of course.

Coy said...

Make that 14:50 High, 14:57 +/-

Coy said...

Aw, Forget it. Not working today.

Anonymous said...

a 2.00 - 2:30 low sounds good.

All I know is we gwt a pop into OPEX and then rollover mid-day and a BIG spike down late Friday or Monday at open.

steveo

Anonymous said...

bottom could be in already,

bob

Coy said...

If 13:06 is peaking rather than dipping, my times are inverted.

Anonymous said...

Looks like Jay's bottom is in and we're opex bound.

sally

Coy said...

The dip and rise into 13:06 was expected if my times are inverted, today.

Coy said...

You may wonder why I don't call what looks like tops and bottoms during the day. I can't. I follow what I think are prominent cycles derived from 40 years of data.

Anonymous said...

seems to be trending up now.

I think Jay is right about higher into tomorrow.

we need to throw some bears off the train.

simeon

UIK Trader said...

http://www.marketoracle.co.uk/images/2009/Nov/stocks-14-9.gif

Next new moon Dec 2 .

Coy said...

The test cycle was inverted, my call wasn't. The only confusion was in my head. Sorry.

Reza said...

Any updates Jay

Thanks

Anonymous said...

I went short at the close BIGTIME.

y

Reza said...

Dell A/H smacked

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