THE FUTURE

THE FUTURE
Graphs above are dated JUNE & JULY 2017 as well as the NOTE UNDERNEATH

Thursday, February 18, 2010

FEb 19th PRELIMINARY



I dont know why this should work any better than the previous guidance, but

rrman has been proposing the opposite for tomrrow, so I thought it might be good to see it now

The triple cycle pivot low convergence tomrrow at 11am still there

and midnite high tide Friday spikes higher at 3;11pm or close

Jay

33 comments:

ARAK said...

HOD close. ES 1107 should get tagged or exceeded by close. That is my game plan.

astral said...
This comment has been removed by a blog administrator.
astral said...

Oh no Jay

I did not post the message at 3:52 pm

I think this is just one person who seems to be frustrated. Please ignore such posts. I will try posting after log in.

astral said...

Astrology does work if we read it correctly. My indicators on Gold and ES/SPY did work today.
I was just testing reading short term hourly basis.
I am trying to pinpoint the hours but planets and Earth in constant motion so few minutes here and there is possible.

I appreciate your work Jay, which appears to be very interesting.

Reza said...

market tanking A/H

after8 said...

what caused the spike down reza? they'll probably buy this back up anyway.

astral said...

It is amazing. I was just looking at hour and I noticed ven and mar at 2/5 and Moon Merc at 3/16 and exactly at that point Fed announced rate hike and all post hour markets fell. This impact could remain effective for exactly 13 hours. I may be mistaken.

Reza said...

Federal Reserve says shortening typical maximum maturity for primary credit loans to overnight, effective March 18 - Reuters -Update-

SAYS RAISES MINIMUM BID RATE FOR TERM AUCTION FACILITY TO 0.5 PERCENT. SAYS CHANGES DO NOT SIGNAL ANY CHANGE IN OUTLOOK FOR ECONOMY OR MONETARY POLICY. SAYS CHANGES INTENDED AS A FURTHER NORMALIZATION OF LENDING FACILITIES. CHANGES NOT EXPECTED TO LEAD TO TIGHTER FINANCIAL CONDITIONS FOR HOUSEHOLDS, BUSINESSES. OUTLOOK FOR ECONOMY, POLICY REMAINS ABOUT AS IT WAS AT JANUARY FOMC MEETING

Reiterates that it will leave the main rate at low levels for an 'extended period'

after8 said...

ah just turned on "gloomberg" amazing that had to be reported shortly after market close lol

rrman said...

guys this is just the first leg down we should get a pause and some bounce then the big down afterhours then bounce and gap up ....its op ex the fed is playing games also

rrman said...

Well Jay I show a big up wave afterhours tomorrow but who knows with the timing lately your probably right that it happens right at close

Anonymous said...

Bonds are tanking. TLT made a double bottom with the Jan 19th multi-month low. Bonds break beneath that low and there is the ingredient for the crash (bonds tanked going into Oct 1987crash---higher yields will put a valuation anchor on the stock market.)

Today was very critical according to some indicators I can't divulge. Certain numbers weren't exceeded that would call into question the drop from Jan highs(for this 1-2week bounce).
Gold has a 25-26 trading cycle so the cycle high could have been put in yesterday or today. Euro took a pause today in it's continued downtrend; copper was down and the canary in the coal mine CME was down also.
All the indices met the minimum target for a DeMark Wave 2, (a 13day closing high) so wave 3 can now commence at anytime. Alphahorn has a nice Elliot Wave count pretty much showing the move is over.

RickyBobby said...

Glad I bought FAZ and held on to it before the close. Negative divergence all over the place.

RickyBobby said...

No. This is the big down happening now. If you missed it, you'll have to chase it or wait for it to bottom out.

rrman said...

ok out of my short /6e 1.3482 es 1095.50 level will go long when i see it start the turn should be anytime

rrman said...

guys the fed is going to pump this back up overnight we gap up into the close

rrman said...

into the open i mean

rrman said...

ok went long euro /6e 1.3481

es level 1096.25

sirgiyan said...

Good evening Gentlemen,
Very cool board here
Kudos to Jay - I read it very often

Well, we might gap up but I doubt it.

Anonymous said...

Astral, i cant find any cycles or forecasts on your blog? Any big cycle picture? Commodites?
Andy

benjoyce said...

here's my two cents

Pardon my conspiracy theory but why not place the bad news right before opex fri. Bad news for the stocks is the hike in the Disc. Rate and lousy Dell news (minus 5% AH) The plunge protection team can get the most bang for their buck. The PPT will take advantage of the low overnight volume and spike the ES etc futures up overnight (let me guess an hour after London opens as we reach the 1090 $SPX (ES 1087)where Tony Caldaro says is Pivot support. When we wake in the am. most of the damage will be corrected. "The futures are well off their lows" CNBC will say.

One the other hand I'm not a good trader (yet)

Anonymous said...

fed smed. the futures are tanking hard. youre dreamin if u think this is going to gap up tomorrow.

I highly douby it. wishful thinking if youre long ....

x

astral said...

Hello Andy

I have never posted any analysis or prongnosis on the blog or websites because I consult with a few large commodity related trading companies exclusively.
I may post some indicators or hints on some commodities and FX or Indices on short term.

Anonymous said...

rrman

hows your long doing? I see the futures haven;t begun any kind of a rebond let alone a gap-up opening that you said was going to happen.

x

benjoyce said...

I said it bottoms about an hour after London opens. that's about 3-4am EST Cape Cod time. Anonymous, you tear down but never build up. Like the ignominous characters in the bible

Anonymous said...

"One the other hand I'm not a good trader (yet)"

straight from the horses mouth...

x

Anonymous said...

still think this is coming back up?

goodluck!!!!!!!!!!!!!!!!!!!!!!!!!

rotflmao

x

samamehta said...

I am short frm ES94 to 06.5 cashed half positions at 95. othe OCO at 1088 ormay be out at 92.5

Bounce tomorrow is a plausible scenario. what time london opens?

something is fishy here

big down maybe next week

Anonymous said...

http://2.bp.blogspot.com/_9Sqz0bUVklI/S33DzhM4qpI/AAAAAAAAA_s/jb-V8WFJJ8U/s1600-h/PUG+SP-500+5min+EOD+2-18-10.JPG

pug

one of tigers whores said...

alphahorn and the others are more accurate than jay most of the time.

jay is looking for a low at around 11am today when Tiger Woods speaks.

:)

benjoyce said...

I said at 7:42 yest that we would bottom out when London opens at around 1090. We bottomes when London opened at 1092.

I hope I"m wrong I didn't take my own advice and listened to Hot Babe options, bought a put that is now underwater.

Anonymous said...

Always take your own advice,
it might be the best advice you get.

;)

rrman said...

hmmm looks like their trying to open gap up.....