THE FUTURE

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

Tuesday, April 13, 2010

April13th

All cable news today reporting DOW at 11,000

sentiment seems very positive from the media

Same old question
are we there yet?

Internal Technical arms data adding to its overbot numbers
10day Trin now at an amazing low of 642
and we have had LOW daily ARMS readings for 7days in a ROW

Hadik's April 19th date is what he calls ""a day of infamy"" as it has a history of
international events that have been, lets say historic, and not in a good way.

Energy output from April 19th to May 4th indicate a severe let down from the
FEEL GOOD week of April 12th to 16th.

and just like the events of April 2000, stock prices should react poorly

Jay

31 comments:

Kc135a said...

If the markets start to head down within 15 minutes of the open I see SPY 118.25-118.75 as a target cover for a very fast day trade short.

rrman said...

looks like we're in a down wave until 11 or noon central then reverse up big
still short /6e

Kc135a said...

rrman

I was also thinking a low by 10:30-11:00 CST.

Now, ..., would the Transports quit going up!!!!

rrman said...

1.3573 out of short /6e will wait for another run on the 15"

rrman said...

long /6e 1.3566

rrman said...

/6e 15" stoch should make another run up now just be interesting to see if we have enough time for it to run down again i would guess we do and fill the gap at 3500

Jay Strauss said...

Ive been in touch with a REAL Trading Elliott guru, and he agrees with me about the TRIN as way overbot

It has provided daily arms under 70 for the last 7days giving us a read of 642 on the 10day which confirms the low overbot readings on the 5day

combine that knowledge with Hadik's call for a peak this week AND
MY work suggesting ONE MORE RUN
over 11,000 this week

seem to be pointing toward -IMO-
a repeat of April2000

The energy from April19th, "Hadik's day of infamy" to
May 4th& 6th becomes heavily
influenced by some very negative
ions suggesting whatever FEEL GOOD week we are having NOW will NOT LAST when we turn the corner on the 19th.

Jay

rrman said...

out of long /6e 1.3579 will go long again on the 5" stoch

AS said...

Rman - right around 12 ET ... great call .... how do you predict this ?

AS said...

Jay - thanks for sharing your outlook ... looking to exit longs around the 16th ...

rrman said...

looks like the /6e is making one more run down that will be a great long to ride this big pop into 2pm central or so then it reverses and goes down into the close

rrman said...

1.358 long /6e might drop some but don't want to miss this big up wave into 2pm

rrman said...

Helge shows thursday at the Open to be the top then down from there

rrman said...

here we go guys big wave up for a few hours

AS said...

Rman - "rrman said...
looks like the /6e is making one more run down that will be a great long to ride this big pop into 2pm central or so then it reverses and goes down into the close"

is this based on Helge's charts ... can you share which ones as I get confused when I see this ... try to do overnight swings to trying to figure out how to get the timing right ...

Thanks,

AS2009

rrman said...

AS I use the first 3 charts and the 15", and 2hr stochatics on Think or Swim to try to get his timing

rrman said...

also AS Helge seems to work really good with /6e the Euro but the /es not so good anymore it used to but around feb/march/april not so good

rrman said...

1.3585 out flat will wait on 5" stoch to come back to the bottom

rrman said...

1.3592 short looks like its time for the down wave into the close

Reza said...

INTC after hours, JPM in the am

rrman said...

1.3591 flipped from short to long

rrman said...

will go up until around 6pm central then down into the open tomorrow gap down open then ramp all day long

rrman said...

1.3605 flat before lockup should get a small pullback after unlock will go long again

AS said...

Reza - could I request you to send the Mah pdf that you pasted yest to my email id AS2009trades at gmail dot com

Thanks in advance,

AS2009

rrman said...

short /6e 1.3648 and /6b 1.5408 should go down now into the close I think
we will give up all the gains from the close and more over 50 pips on /6e

rrman said...

into the open rather

Kc135a said...

I am looking at the $Up/$down ratio for the NYSE today which was 0.66 while the DOW and SPX were slightly up. That is a huge divergence that last happened 3/18.

If the result is the same a gap up on the open with a 10-15 SPX decline over the next 2-3 hours before reversing back up again.

rrman said...

Helge has new seasonal charts that I am using to trade my ira with fas/faz
http://www.cyclelt.com/SE.htm

rrman said...

Helge called the after hours on the /6e to a T he shows the low of the night to be right at open then straight up all day long with high of day right at close big up day .....then reversal at close down sharply until midnight or so....then reverse hard back up into the open with the high of week made at open

rrman said...

out of /6e shorts at 1.3606.....will go long at open we should go up all day long

rrman said...

April Lunar Cycle
4/6 (5:37 a.m. EDT) Waning Quarter Moon
4/14 (8:29 a.m. EDT) New Moon
4/21 (2:20 p.m. EDT) Waxing Quarter Moon
4/28 (8:18 a.m. EDT) Full Moon