Tuesday AM Update NOW shows a MORE extended DECLINE for TODAYthe READ today
PUZZLING MONEY MATTERS
Sudden events = Money Losses
And
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
Jay
Futures at 7pm tonight are showing the SPX off 4.90, and Dow off 32Tomrrow's bar cycles
228b @ 10am
258b @ 12;30pm
30b@ 3pm
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
15 comments:
Looking ugly for tmrw!!!!
looking ugly for the rest of the week, SPX below 1,000 soon
sincerely yours
cementzak
Jay
Based on PE ratio for next quarter, its better to stick to my analysis at 975 area, then bounce
Reza
I agree with 975 area, but others are looking for 925
Middle ground = 950
Today marks the START
of minute v of minor 3
Jay
Jay
I think 980 has big support
Jay
Can you postpone the selloff to next week, its a holiday week. let them stick around 9800 area for this week
Jay
U were right about do not go long until 28
jay, abdullah, rrman
sent email from M update
Reza: Anyway to send M to me? Thanks
Jeff post email and delete from post once u receive
M is going to post daily until further notice
My 300 point down came one day late
Reza - if you could send to me that will be great
Thanks
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