Power index JULY 1 & 2

This would have been today's EKG is I had published it this morning, JUNE 30th

IVE ADDED the 2 previous publications for your convenience to review
The one above was posted last Sunday June 27th
The above graph was posted Last Sunday June 27th

I got OFF track, but NOW that we have a LOWER low than May 25th,
we can now start to see the makings of a short term pivot low
continuing to form over the next 2days

The JULY energy chart did also show JULY 1 & 2 similar to the above

The EKG, if it had been published did show a closing lower today
And there was a 180 BAR cycle pivot at 4pm today
& the readings for today were negative energy as previously written

NONE of the above negates the rally to come NEXT WEEK

As we can NOW see, the 13 hr cycle should POP a big one tomrrow AM,
but as the readings says will FIZZLE - Exactly when, seems ILLUSIVE at the moment
for example
We might get an ALL day rally tomrmrow and FIZZLE after UP OPEN on Friday
Or
open rally each day and fizzle each day

Its ALSO possible the 13 hrs at 10am tomrrow bring in a LOW, but the other cycle dont fit there

Days like this with NO clear trend are definitely the hardest to describe

More later
Jay
ps: Flash had been quoting JULY 1st as A short term low

June 30th EKG not available

cant get a clear read on the EKG today - will see if it comes in later
ACTIVITY INDEX has NOW risen from 100 at 7am to 333 now at 9am,
also supporting a possible rebound today

As previously posted.

we have the POWER index surging higher which did NOT occur yesterday, thus
we must look for it today and tomrrow into the 13 hour cycle at 10am tomrrow

Tomrrow calls for an early boost & later fizzle

High tide is today, which should assist any rally attempt

Converging cycles today at 11am SHOULD also set the stage for the next rally
120bars & 13 day cycle at 11am TODAY

EVEN if we DONT GET any SUBSTANTIAL UPSIDE action today and or tomrrow, we still have
until JULY15th where the NEXT major HIGH & turn seems to exist--
SEE the JULY energy graph on previous main pages.

Of course a day like yesterday does NOT usually end in one moment of time,
and needs more time to settle in.

THANKS for all the GREAT contributions
it means alot when traders can discuss TRADING

IF we got a WAVE 1 low yesterday or today at the 1030-1035 level,
thats 100 pts under the 1131 high on June 21st

62% retrace = spx back to about 1100
78% retrace = spx back to about 1115

Expected DATE for above would be MID JULY
MORE LATER
Jay

June 29th EKG

As we can plainly see the Second chart was obviously more in tune with todays market
but I will NOT count this one as a positive , thus we now are back to 68.75% accuracy

NOTE of IMPORTANCE
the ACTIVITY index AFTER HOURS jumped up to 466, indicating HIGH energy.
it was languishing ALL day at the 200 to 266 level.

ARMS INDEX was a huge 5.97, pushing the 5 day to a BUY @ 2526
& 5 day trin to a buy at 1263 with 10day up to 2092

Those values on June21st SELL were
97.6 - 488 & 1072 respectively
You can see huge differences which generally signal a
short term buy such as the one on June4th
& we watched the spx run from 1064 to 1120 in 7days.

3:35pm UPDATE
The LAST LEG DOWN, IMO, was supposed to happen AFTER close today,
but its occurring right now at 3;30, dow at 9853
The PREMISE of the 39hr cycle low at 10;30 @ 9855SHOULD
mean that would be the lowest point of the day
theres 30 minutes to go, and 3;30 made a lower low at 9838

That might qualify for 90 bars due at 3pm
we''ll see what the close brings in a few minutes


Just as I suggested and The EKG showed late yesterday,
the LATE SELL off continues into this AM

Consumer confidence at 10am & Investor confidence also

Just as the POWER index revealed, we are on schedule for a LOW at the 10am/ 39HOUR cycle

and a recovery making a high probably after 3;30

Yesterday's PC ratios were OVERWHELMINGLY BEARISH
Except the Jaywiz index at .70, moderately bullish
________________________________________
FOR THOSE JUST TUNING in over here

I posted cycles on the main page
TODAY
39HOUR cycle at 10am combined with 30bars converge today at 10am
BOTH indicate a PIVOT LOW

ALSO
Review the WEEK in advance on the POWER INDEX & MORE page to get up to date.

more later
Jay

June 28th EKG

NAILED ANOTHER ONE
69.8%
MarketWatch lost data feed mid day, thus the weird looking chart
Jay
This matches somewhat , but not exactly what the power index shows for today
BUT

the 39 HOUR cycle does hit at 10am tomrow and IF opposite of last Monday's high at 1131
at 10am then I suspect it should be correct
Futures after 8:30 turned Down, otherwise EKG would have matched power index, but one small uptick at the OPEN of the week is really inconsequential

You have all the cycles from previous posts- USE the data and lets refer to often to evaluate
especially given Helge's position for lower into Wed as comparisons, since we seem to be doing that.


Jay

Power Index UPDATE & More

Just some SLIGHT variations of the previous graph,
but the trend is UP for EARLY day July 1st.

_________________________________
READINGS THIS WEEK

Monday
Expect Some Obstacles
annoying glitches
but mostly uneventful today

Tuesday
$ efforts pay off
Social trends pick up
uplifting

Wed
NO cooperation
Clashes
$$ problems
Frustrating

Thsday
get an Early start
urge to SPEND in AM
Changes Occur Quickly

Friday
Quiet & peaceful day
Up & Down
_________________________________________

Bar cycles
Monday
210b@ 10am
228b @ 11:30
258b @ 2pm

Tuesday
30b @ 10am
39hrs at 10am
60b @ 12:30
90b @ 3pm

Wed
13day at 11am
120b @ 11am
150b @ 1:30
180b @ 4pm

Thsday
13hrs at 10am
204b @ noon
228b @ 2pm
258b @ 4pm

Friday
14.6%/ 13 day at 10;20
30b @ noon
60b @ 2;30

more later
Jay

JULY Energy FLOW- Preliminary graph

As You can see, Ive been BUSY this AM-gg
JULY 15 seems to be picturing a MAJOR TURN lower as pictured
the ENERGY on
July 30th =Repressive obstacles & power struggles
JULY 31st , a Saturday indicates HOSTILITIES-
Jay

Preliminary Power index

WE MUST consider that MAY25th @ 1041 MIGHT have been the LOW
of the move from April 26th@ 1220- ATTACH WHATEVER Elliott label you wish,
but from there, we seem to be in SLOW recovery mode-
Certainly NOT a BULL market, IMO, but NO CRASH IN SIGHT either.

THIS last week had ALL the earmarks & potential to head LOWER and it stopped at 1068
at 11am on a probable 26 hr cycle

The POWER INDEX has MUCH MORE UPSIDE BIAS,
thus lessening the potential for a lower low

Energy & daily readings seem to concur with the above, also.

SOO, My earlier THOUGHTS about a lower low DO NOT look probable,
and those calling for a crash next week appear caught in a bear trap.

We had some conflicting ideas about next week, which now seem a little clearer.

more later
Jay

PRLIMINARY EKG for JUNE25th

Count now is 43/62 = 69% success ratio
YES it was a good day for the EKG, but MY expectations were for much
more than we got given the nature of the energy this wkend.
TO complete the ELLIOTT wave IMO, we MUST see 1040 ON CLOSE at a minimum
NEXT best DATE for such a low is JUNE30 at either 11am or 4pm - will give more details later

Today's LOD hit at 11am which MUST NOW be considered the 26 HR cycle rather than the 10am high
SIMPLY because the LOD was not surpassed but the 10am WAS - after the 11am low
bar cycles did not do well today.
204bars at 4pm appears to have truncated the pivot at 3:30


Its 9am and the Futures are NOT definitive as to any major move this AM

we do have 126bars at open which MIGHT have a small negative effect, but as I write this
they have turned back higher once again, so I have to assume that
120bars yesterday at 3;30 was the pivot

Astro8 mentioned 3pm today as a potential low, and the EKG shows a possible
low before the close with a small rise after

energy at 2;52 and 180 bars at 2pm suggests the same, then 204 bars could then setback
right at the close, but possibly a little higher

There is Little energy this morning to have any effect on trading
activity index is on a moderate rise this morning now at the 200 level
Oil is now up 75cts

Jay

THis is ONLY a PRELIM and will not count in the official TALLY

The END OF DAY does appear to be heading lower toward the close,
but we dont have that piece of the graph yet

It does SHOW potential for 10am to hit the HOD @26hours cycle

Cycles today meaning Friday June25th
78.6% @ 12:25

150Bars at 11:30
180bars at 2pm
and most important is
204bars at CLOSE right at 4pm
______________________

Keep some things in mind
we hit a 3:30 LOW today June24th@ 120bars exactly @ 1071.60
THERE WAS NO BOUNCE and secondary failure to make a lower low
on lesser volume.

Tuesday's low hit on 228bars exactly at close
Tues had 92% DOWN VOLUME- was a low tide day & an 8 day low

Wed was an 8day turn, and that cycle was satisfied

Today had 90% down vol -
ARMS INDEX today was a hardy 3.06

June4th ARMS was 13.48, and ALL that did was SIGNAL a SELL
anything near that tomrrow, and it will signal a SHORT TERM BUY

Bradley date is Saturday- JUNE26th and the MAIN NEG Energy CLUSTER
occurs on the wkend,

But NOT TO BE LEFT OUT - tomrrow has a grouping of 3 negative energy effects
12;36pm = Disruptions
2:52pm = Tyranny
5:50pm = Worrisome

TOmrrow is the ONLY day that the ENERGY from the HUGE wkend cluster which includes
a full moon partial solar eclipse CAN influence human behavior in regards to selling or buying stocks
the FULL MOON calls for Caring for CRITICAL NEEDS

Side NOTE -Princess Dianna Died on an ECLIPSE day
_______________________________________
HERES ONE MORE TID BIT TO DIGEST
May 6th the day of the FLASH CRASH- has a READING which said
WILD DAY - Out of KILTER
was off 1000 pts at 2;45pm
__________
TOMRROW's read says
Upheavals & upsets
WILDLY Disturbing
Neg energy hit at 2;52pm
HHHMMMMMM. !!!!
-------------------

THEY DO SOUND VERY SIMILAR- dont they!!

more later
Jay

June 24th EKG & comments

GUESS WHAT ? _ YES Another perfect score today
42/61 = 68.8% SINCE MARCH 9th inception
AM I READING FUTURES CORRECT @ 4:15pm DOW DOWN 142 pts???
GUESS NOT - Futures at 6pm are up Very Modestly + 20 dow




DONT pay any attention to the background lines - they mean nothing
also- dont pay TOO MUCH attention tot he AMPLITUDE of the chart.
WHATS MOST important is the GENERAL direction of the daily price FLOW

Combine the above with the cycles, Elliott wave, energy, and bar cycles -
thus we get a days work, and this is work, a job, soo LETS MAKE $

It took a survey since March 9th inception of the EKG to CONVINCE me of its viability

As anything we as analysts USE, we like to BACK test for authenticity

Personally -IM CONVINCED - enuf to add confidence to my trading , and after all
isnt that the GAME - making $

Cycles today
60bars @ 10:30 A low came in at 10am - 10am has been prominent for many days
90 @ 1pm
126b@ 4pm

Neg energy at 12:24 A LOW OCCURRED at 12:40- BETWEEN 90bars&Neg Energy
Positive energy at 2:33 a HIGH hit at 2pm, a little earlier than anticipated

___________________

this WHOLE week is suffering from a NEGATIVE ENERGY CLUSTER
which started on Monday and FINISHES in GRAND STYLE on SUNDAY- June 27th

more later
Jay
UPDATES IN RED

ELLIOTT Wave v next

Thought you would ALL like to see this
Jay

June 23rd EKG @ 8:30am & 4pm follow up

ANOTHER GOOD DAY FOR THE EKG
Since march 9th ---41/60 = now at 68%
Activity index showed us A LOW ENERGY DAY
FED spike- no big deal- I dont even know what was announced- and dont care.


Negative thinking does NOT seem to relate to a negative open as previously postulated.

10am new homes sales "SHOULD" correspond with a TURN @ the 13HR cycle
there is ALSO a moderate high energy hit at 11:05am

BUT 258bars at noon should set the day back into a low at that time

the afternoon should respond in a positive manner to the FED no matter what they report
as the day has high positive energy effects at 3pm & 6pm

Oil is moderately lower showing mild weakness , but the futures are mildly positive at 8:30am

more later
Jay

June 22nd EKG a little late -10am

update at 4pm
CHALK UP ANOTHER ONE FOR THE GIPPER
40/59 = 67.8%
CLOSED under 100 as suspected, and should open lower tomrrow
Jay


I dont think that GAP in the data means a GAP for the mkt, but we'll see later

CYCLES today

55%/13day at 11;59

Bar cycle pivots today
156bars at 10am
180b@ noon
204b@ 2pm
228b@ 4pm

If 4pm DOES close on a LOW, then I would expect
tomrrow AM to seek higher ground at the 26hr cycle at 10am

Today appears to be a wait & see type day
Maybe more sellers than buyers ??

ITS 10am right now and the higher open is FAILING into 10am
@156bars, and most likely continue lower today
_________________________________
ADDITIONAL COMMENTS


I really dont think SPX1130
can be reached, but I dropped it out that for thought.
others have mentioned it and it is a fibo level.

Ideally I would like to see today at or under 1100,
but it might not occur till tomrrow AM - some are suggesting support at 1085

Wed AM has SOME NEGATIVE VIBES for OPEN,
and the 13hr cycle at 10am might be the LOD

IF so, then any rebound would only recover the losses
and maybe add a little more to end a little positive.

Keep in mind that even tho Wed calls for $$ benefits,
the rally looks like it will come off a lower open



Jay

Jay

UPDATED week of JUNE25th

STRESSED FULL MOON ECLIPSE on 26th
Negative energy combines with destructive power
Jay

Monday June 21st

SCORE ANOTHER SUCCESS for the EKG
39/58 = 67% SOLID numbers
Jay

Summer Solstice today

39 HOURS at 10am should be today's high

just because i bot some shorts on Ths & fri doesnt mean I wont add more today
I DO NOT OWN A CRYSTAL BALL =gg

Ive mentioned this several times -- SCALING in near tops and bottoms is NORMAL
we CANNOT expect to catch EXACT turns ALL THE TIME- altho when it does happen
can be very gratifying

Today's read says be FLEXIBLE -and that doesnt mean bending at the waist
OUT with the OLD, and in with the NEW

I had projected spx possible to 1130, and even 1150, but a high today of 1125 should set
the stage for the decline to follow.

more later
Jay

Week of June 25- Daily readings & Activity Index

I realize the SPX FUTURES at 8pm are indicating a 90 pt rally at open
IF THEY STAY THAT WAY, and thats why the MONDAY reading calls for FLEXIBILITY
---------------------------------------
UPDATED at 8pm June 20th.
PLEASE DONT EXPECT EVERY Nuance to MATCH up as above
BUT the DIRECTION should be CORRECT as well as the 2 primary lows
on the 22/23rd and 25th
----------------
A secondary bounce on 28 & 29th should meet with a
subsequent secondary BOTTOM on the 30th,
but more on that later

_______________________________________________________

Posted on June 20th at about 1pm

Monday June21
UNCERTAINTY prevails
Watch for rapid shifting directions
upsets- out with the old, in with the new
UNEXPECTED changes- BE FLEXIBLE

Tuesday
Stressed Moon today
no shopping
expect frustrations & annoyances
HOLD OFF BUYING- wait for tomrrow

Wed
Negative AM - avoid overdoing
spirits LIFT in the AFTERNOON
$$ gets POSITIVE boost

Thsday
CAUTION with $
SERIOUS news
FALLBACK TO EARTH with a THUD
BUT
WATCH MIXED trends today


Friday
UPHEAVALS
$$ UPSETS
WILDLY DISTURBING

more later
Jay

Remember THIS- published May30th

more later
Jay

BACK KISS the lower line at 1120 this morning ??

Chart from a PART of NY from his blog
LOOKS LIKE a BACK KISS of the lower line at 1120 at 11am this morning
Jay

June18th EKG - much ado about nothing

This makes it 38 positives on 57 entries =66.66%

ITS NOW 11:30am & they may have topped at the 11am-11;15 hourly turn..
ABOVE EKG represents an ALTERNATE showing a lower close, and or FLAT
I guess it will be best to show both closings unless I have strong evidence to
support one over the other.
You might say I cant lose this way, but that's not entirely true if the INTRA day doesn't perform
I made mention a few months ago about HOW the 18th of the month
ALWAYS seems to turn in a high, and this month appears no different

We had about 10 months in a row from March 9, 2009 where that occurred,
and as soon as I mentioned, it changed,

But I think it will be the same for July as well, after a June25th Low

Today looks like it will end up where it started no matter what occurs during the day

Jay
__________________________________

Previous corrections
Jan 20 to Feb 5 lost 900 pts
Apr 26 to May5th lost 1400

previous highs occurred on
Jan 19- Feb 19-Mar 25- Apr 26

Full Moon Next Sat = A Bradley date also, but 24th & 25 have an abundance of neg energy

I will lay out next week's daily energy readings on Sunday night

June17th EKG

Cannot score this one for the Gipper- only partially correct till 3;30
but we are still at 67%
got 37 yes verses 56 total
I dont know if 258bars hit at 3:30, but it certainly did behave that way
POWER Index shows potential for DOWN - UP - DOWN With possible up close as a maybe
and YES it also shows huge GAP down Monday


THis is ONE of those problem areas that I cannot seem to solve for greater accuracy-daily
Picking the END OF DAY as above.
I CHOSE the one below this AM because there is a 258 bar cycle supposed to hit at 4pm
BUT IT NOW LOOKS OBVIOUS IT WILL OCCUR at OPEN tomrrow
Jay
Maybe I should post 2 charts
1. Primary
2. Alternate
any suggestions??

Today's cycles

26 hours at 10am
high energy at 10:54am

180 bars appears was truncated yesterday AT 3:30pm

204bars @ 11;30
228bars @ 1;30pm
258bars at 4pm might be exact **
or open tomrrow

** IF a LOWER CLOSE at 4pm TODAY,
then tomrrow could open higher till that 11am daily turn

Reading seems to indicate a high this morning and drop off later concurring with the EKG
Later CAME as SOON as 10am & 26 HOUR CYCLE

Activity index was at 166 at 8am
now at 233 at open
rose to 266
Now at 11am at 233

more later
Jay
_________________________________________
More now at 10:30am
10AM came in RIGHT ON SCHEDULE= Rebound high and PLUNGE right after
GOT short just before 10am in 2 accounts and just after 10am in another account

REGARDLESS of the day to day fluctuations ,
I am planning to HOLD these trades until JUNE25th at 3pm

ADJUST THE ABOVE upon PRELIMINARY review of NEXT week
Low on 22nd
rally on 23rd
DN-up on 24th
DN on 25th to a low
26th is a Bradley date.

Power index for next week will be available on Sunday nite
Jay

June 16th - EKG became available at 10am

Score another Success for the EKG
note the OBV rising and holding last hour
Jay


update @10:15 am EKG

EkG will be delayed this morning
but
power index shows yesterday's SURGE continues higher
Activity index is now at 400 level, also surging higher with the power index

bar cycle pivots
126b @ 11:30
156b @ 2pm
180b @ 4pm, and or open tomrrow

PC ratios that were Strongly bullish Monday
and NOW still mildly bullish on yesterday's close

Advance/ decline yesterday was 5.7/1
volume ratio was 23.8/1 advancing over declining
which means there is lots of MOMENTUM to continue the surge

Jay

Power INDEX UPDATE -wk of June18

From BINVE public charts
COUNT THE WAVES
June8th Low to mid day June 9
June 9th drop off = wave 2
June 10th to 14 at 11am = wave 3
June 14th close = wave 4
NOW IN WAVE 5 SURGE to 1130, or more
ALL counts as an X wave against the main downtrend off May 25th low
HIGH STILL EXPECTED on JUNE17th at 10am to 11am

Jay

more later
Jay

June 15th EKG

COUNT today's EKG in the YES column
1pm was retreat low, and end of day did surge as suggested
Jay

Futures point to a higher open, duuh
Will 10am be a high or a low??

At the 13 hour cycle

If a high, might be the HOD
And vice versa

bar cycles today
30b@ 10am
60b @ 12;30
90b@ 3pm

I suspect that 3pm might offer the TURN of the day,
since tomrrow still calls for a productive, energetic & harmonic day

will the AM of 17th turn in the High of the Month as per the power index.
other analysts seem to agree with that outlook, and my daily reading.


Jay

June 14th EKG

SCORE ANOTHER winner for the EKG, now back to 68%
Jay

Thanks for the GREAT discussions on yesterday's publication of the blog
thats the kind of comments we need to make this the place to discover whats next

Today's EKG shows a dramatic drop off at the ned of the day, and or tomrrow morning
on the 13 hr cycle along with 30bars at 10am-
HOw dramatic will it really be? I guess it will depend on how high we get today.

I cant tell you HOW HIGH that will be, but MY GUESS
IS to SPX 1105 to MATCH the PREVIOUS HIGH

Today's ENERGY HIGH is on schedule for 1:20 pm till maybe 2pm, but 1:20 is the EXACT pivot
We know that highs ROLL more often rather then V or W pivot like lows.

Helge has a LOW on the 14th - then RALLY into the 21st as his chart shows,
BUT we also know that it can VARY some, so DONT USE those dates as PRECISE time pivots

The POWER index And NOW the EKG both show a DROP off after a high TODAY
combining - energy high, cycles, bars, waves, we see they do concur with a high today,& drop off
later into tomrrow AM

Question becomes now, HOW to play the moves
I was expecting 204 bars to bring in an open low, but FUTURES are PUSHING up 10spx pts
over 1100 at open and might push the index to 1110
area before pivoting at 1;20pm, then heading lower

Since I cannot jump into the open at a lower value,
I must now consider SHORTING the 1:20pm high
and prepare to cover at 10am tomrrow

As with Helge, the POWER index ALSO shows potential to SURGE after the 14th---
___________
above 1105, IMO, on Tues- Wed & thsday JUNE17th AM @ 26 HOURS at 10am

SOO< once this RISE and FALL is out of the way by tomrrow at 10am it should become
a RISE only, or rise mostly to a HIGH on the 17th at 10am

PLease trade according to your own analysis, and
PLEASE do make comments that ADD to the discussion just as we have seen ALL this month,
and more especially yesterday

GREAT WORK- THANK You
MORE LATER
JAY