THE FUTURE

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

Monday, February 01, 2010

Feb 1 st updated guidance graph


------------------------------open----11amH------4pmL-----Feb2 open Down

thats the danger of posting the graph the night b4- its not really complete

Any rally today should peak out 10 to 11 AM rather than 3pm, IMO.

204bar @ 11;30 should have some downdraft effect, but the afternoon should slip way
steadily as shown

and so far the open on Tuesday looks like a continuation of the afternoon drop off on today

Jay

22 comments:

rrman said...

back in long 1077 doesnt look like a gap fill will happen this morning

Anonymous said...

8 day cycle is downtrending and will force smaller cycles to turn over soon.

Jay's intraday map is correct.

after8 said...

jay, my delta stuff has the 2nd feb as a high,with next monday (centred) as a medium term low point.im going to sit on my hands until tomorrow afternoon as my work does'nt match up with yours,and see what develops here.

after8 said...

there is a worry,your work and reddragonleo's both suggest a low.if im wrong,i'll have to take a look at my itd solution.

rrman said...

went short /dx 79.52

rrman said...

/dx classic lower lows lower highs on 15" chart

rrman said...

out of es long 1081 will wait to see what 15" does on stoches still short /dx

Anonymous said...

don't short into a rabbit hole

gapped above trendline on weekly
http://www.flickr.com/photos/47091634@N04/4322654366/

Jay Strauss said...

I cant help but wonder WHY
Many analysts PUSH the LOW into
NEXT week, or next month

We read it all the time
must be some kind of self defense mechanism designed in us to defend our trading positions.
????????

Today's open reflects the reading for tomrrow. In other words - some times, because authors are only people, they mix up the interpretation occuring today and it then flips over to tomrrow

Example
I published the read for tommorow
as a poor start, mid day improvement and poor close

IT NOW APPEARS at least to me as I review my data, that READING should fit tomrrow much better than today

WE will know better when the PROPENS index is more complete, and that really wont be until 8am tomrrow, BUT I will publish a prelim graph which should show the continuation of the decline that it shows this afternoon and tomrrow open till at least mid day.


10;30 and its possible we may have seen today hod?

Also amazing the DOW almost always has to recover 100 pts

rrman
your call for 1085 was perfect.
it looks like the lliott wave from 1096 made an abc low on Friday at 3;30, now into an X wave rebound. thus once finished we would them look for another abc decline = a double zig zag.


Activity index updates every 5 minutes
IT was at 300 prior to open
dropped to 100 briefly, rebounded to 266, and is now hovering at 200


Jay

Jay Strauss said...

Hmmm.

Activity index just dropped from
266 to 100 at 10:45am, now at 166

Yes its bouncing all around, but trending lower

Jay

after8 said...

short 86.1 cash

rrman said...

back in long es 1082.75

rrman said...

Alex says 1107 could be on the table...

Jay Strauss said...

Activity index bounced higher after 11am now at 266

note the 13day cycle did hit exactly at 11am, made a little dip to +60 on the dow, but dow just hit + 105 at 11:30

There is a moon 120 Merc at 2;14pm which could offer the afternoon high & turn

Jay

indigo said...

Thanks for the chart Jay. Once you get indications for tomorrow, I'd be grateful if you could post the chart.

after8 said...

closed out for 1pt.

Jay Strauss said...

Activity index keep my hopping today
NOW dropped to 166, down from 266 a little earlier as posted b4.

Jay

Anyone care to speculate what a collapse today would close at??

Flash had published the next critical level at spx 1052

Ian had previously reported we are in a Puetz crash window from Jan 29 to Feb5

If an abc wave completed at 1071
from 1150 -then how low can the next abc wave settle at??
remember the 40 pts rule of thumb?

So far it is a perfect hit, but is the decline over as of Friday-
Jan 29 at 1071??
If not then we could see at least another 40 pts lower to 1031, and or 80 pts lower to 991

And I dont mean NEXT week

Jay

Jay Strauss said...

indigo
I will publish the daily guidance
at close today, but do keep in mind it could vary as to the events after
which lead to tomrrow

So far it only shows potential for a lower open, but using other data available, IMO, we will see a resolution of this down wave tomrrow

Jay

indigo said...

Thanks Jay, I think so too. I'm looking to short the close today... Seems like a pump and dump opportunity today.

kevin said...

OK so today didn't work out as jay suggested, so tomorrow might.No-one gets it right (or wrong) every time.

Up or down tomorrow? None of us really knows, but it's fun guessing. (I flipped a coin, it came down tails, that means down tomorrow) :)

rrman said...

I dunno Kevin I had a great day...we're going to get Jay's big wave down tonight go long at the open tomorrow....

rrman said...

Jay your January Chart worked great if i had followed it to the T would have been fabulous....lets hope that your Feb does as good with the turn