THE FUTURE

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

Friday, April 16, 2010

April 16th EKG




Today starts out at 180 bars and as previously noted appears to be opening Lower

starting at 180bars might not reach a decent turn until 11am at the 13 day cycle pivot
or even at 11;30 at 204bars

And today will finish the day POSSIBLY at 258 bars, unless that cycle drops into Monday's open

we might expect the day's rebound high to complete between 1 & 3 pm

Jay

26 comments:

samamehta said...

GREAT POSTS JAY. HAV BEEN READING REGULARLY

REZA,RRMAN YOU OLKS OO GREAT.AND THANKS FOR HELPAND SHAING

Kc135a said...

Jay

You forecast fits my fractals for the day. A low about 1 to 1-1/2 hours after the open and then up into the close.

crissy said...

@rrman, I#ve got the € running up into monday.

RickyBobby said...

WOW

Abdullah said...

a close of + to - 30 makes the most sense.

RickyBobby said...

Like rrman I haver taken bigger short positions for longer down process into late April early May

crissy said...

Thanks, look at €/CAD, amazing move today !

Abdullah said...

Well this is sort of wild. The SEC is charging Goldman Sachs with fraud over CDO's. It's a pretty damning statement.

Basically they say Goldman, in conjunction with Paulson and Company frauded subprime mortgage buyers. So, Goldman is now down 18 dollars a share.

This is really quite an interesting development folks and frankly Wall street will circle the wagons and defend themselves.

But in the meantime, it's really interesting.

Janeva said...

I hope that they crush Goldman.
RMAN, Helge says down,down, down,
from now thru Monday?

RickyBobby said...

Going down to next level.

RickyBobby said...

Spiral date hit on April 25

RickyBobby said...

When Tuesaday low pivot is breached, I would say hold on to your shorts

Reza said...

Good calls from Abdullah and Rrman

RickyBobby said...

LOL

rrman said...

I'm flat on the Euro will see what happens Sun nite looks like we should have a rebound wave i am only shorting the pops now because we should be entering a down channel and longs are too dangerous

rrman said...

I am going to hold on to my tza until may at least

Kc135a said...

All the Government ever does is fine companies.

GS will pay a fine and go on as usual. I wish not but that is the way it has been forever.

Reza said...

rrmsn,

I am with u

RickyBobby said...

It is finished.

rrman said...

remember guys we are starting a down channel but it won't go straight down we may have more down now but more than likely we might retrace half way back so there is a lot of money to be made in the next 15 days shorting the pops
Here is Helge's seasonal chart
http://www.cyclelt.com/SE.htm

RickyBobby said...

Might have an intraday bottom here.

after8 said...

still no significant down until early june though,will be a good buy if we get a couple of days like today by the end of next week.

Reza said...

any calls on gap

forex-cat said...

Good blog!!
Thank you.

rrman said...

http://www.cyclelt.com/SE.htm

look at the waves on this first chart its almost saying the downwaves mimic the upwaves since the Feb lows in reverse

Jay Strauss said...

Hegle SHOWS MY May 4th LOW
on CHART #1 as per rrman
Jay