Tuesday AM Update NOW shows a MORE extended DECLINE for TODAY
the READ today
PUZZLING MONEY MATTERS
Sudden events = Money Losses
the next 2 days dont get any better
ELLIOTT wave Experts called yesterday as minute wave 4, of MINOR 3 thus we are
about to enter Minute 5 of Minor 3. This event can also break out into 5 minuette waves.
Minor 3 is the where the MEAT gets cooked,before getting served.
Once Minor 3 is complete, there is still the outcome of dealing with Minor 4, and Minor 5.
but there's plenty of time for that discussion later
Futures at 7pm tonight are showing the SPX off 4.90, and Dow off 32
Tomrrow's bar cycles
228b @ 10am
258b @ 12;30pm
Yesterday's 13 day cycle GAVE way to a LOWER CLOSE
we can consider that VERY OMINOUS
as the PREVIOUS 13 day cycle was on MAY 5th at 11am
The NEXT 258bar cycle is on Friday, May 28th at 2:30pm
BUT the FUll Moon is on the 27th at 7pm, and should influence the mkt all day
28th is an 8day low
28th is 144 from Oct 30, 2009 Dow at 9713