THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Tuesday, April 06, 2010

April 6th EKG


Don't act impulsively

Jay

2 cycles approaching

April8th = hi to hi
54/55 days from Jan 19th high

April-12/13 = 44/45days from
Feb 8th lo to lo

18 comments:

Jay Strauss said...

2 cycles approaching

April8th = hi to hi
54/55 days from Jan 19th high

April-12/13 = 44/45days from
Feb 8th lo to lo


Jay

RickyBobby said...

THanks Jay

I bagged my profits today already from my Long position yestaerday.

Looking precarious right now. I'm on a short trigger to the 12th of April.

rrman said...

ok out of longs will wait to buy the dip here in an hour or so looks like we go up all night into the open

rrman said...

Guys.....Helge shows us going up all night but if you look at tomorrows wave down its a mini crash ...it looks like they are going to ramp things overnight then tomorrow the bottom drops out right at the open
he shows us dropping sharply all the way from the open to around midnight wed night...don't miss these waves...

Joe said...

rrman,
dont tell me mini-crash = 0.5% down. Given the low volatility in markets, even 0.5% move down will be considered 'mini crash'.

Unknown said...

Rman,
What did Helge show for today?

rrman said...

he called for up with the peak around 2pm central then a drop right before close then rally all night very big up wave

rrman said...

well Joe i'm trading the Euro and it actually does move fairly well so a crash could be a 2 pt move from like
1.35 to 1.33

Unknown said...

RMAN,
Are you looking at chart 2??

RickyBobby said...

Gap down

I agree

rrman said...

chart 1 is the best chart two shows only trading hours so the moves ah have to be shown at the end or the beginning of the trading day even tho they happen ah

rrman said...

i actually think we gap up pretty big then start to sell off at the open with what i'm seeing but sometimes these waves drag out a bit

RickyBobby said...

we gap down HUGE

Joe said...

May be 4-5 point gap down to 1182/3, which will be bought in the first 30minutes. Major gap down (10 pt+) and continued weakness needs Mahendra to make saturn collide with jupiter.

Unknown said...

Hey Ricky B
Please define HUGE. And is'nt
tomorrow Mahendra's crash day?

rrman said...

well like i say i'm trading the euro so it took a big hit today and is due a big up wave so i think it will gap up ....the /es who knows its a joke

rrman said...

went long 1.3396 should be good for all night

RickyBobby said...

From Carl Futia's blog

Here is an updated version of the 30 minute bar chart I showed you yesterday. As you can see the e-minis are creeping into the target zone of 1185-90 indicated by the green oval. I think that a break of 15-20 points is imminent. But once it is complete the ES should quickly move to and above the 1200 level.

The market has been very quiet this week. I don't know of any particular explanation for the dullness. But I do know that no top of significance is likely until we see much more trading activity and volatility than the market has shown the past two days.