THE FUTURE

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

Tuesday, June 15, 2010

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

22 comments:

rrman said...

I think we just made HOD I just got out of long and went short /6e think we go down most of day with rally beginning right before close and running until around midnight...if this is the case the next upwave should end around open tomorrow and be weaker than this spike happening now....still on for a nice low Wed ending right after close

benjoyce said...

$cpci (index put/call ratio) smart money is buying puts indicates sharp drop

http://stockcharts.com/h-sc/ui?s=$cpci

Monday, June 14, 2010
Brief Update
The first thing I want to point out tonight is the $CPCI will be looking to go 5 for 5 in signaling short term swing tops over the past few months. I circled the readings near the 2.0 mark and showed how each instance was followed by significant weakness over the following 2 to 5 sessions. The smart money was loading up on index puts today and the ratio is once again in the range that we can expect prices to reverse and head lower...

http://www.patternprofits.net/2010/06/weekly-wr...

Jay Strauss said...

JUFU,
welcome aboard
The source of my EKG & power index, etc will remain MY SECRET

This is the ONLY place in this ENTIRE WORLD where it is published

the POWER INDEX is a 5 to 7 day advance look at energy which I compare to planetary energy for the week + the daily readings to get a handle on what to reasonably expect

the EKG comes to me complete for the day at about midnite, but I publish it at 8:30am to incorporate the AM futures.

EKG is a CONTINUOUS STREAM of data thus the AM futures help to pinpoint the open direction.
The close is more difficult, but I think Im getting better at it

Jay

Jay Strauss said...

rrman
please specify if yuor writing about the spx or Euro
thanks
Jay

Jay Strauss said...

Benjoyce
I keep track and record each day the
PC ratios which yesterday closed very BULLISH

SPDR =2.84
SPX 500 =1.84
Jaywiz =index 2.87
OEX =1.20
All the above are BULLISH readings

Jay

benjoyce said...

rrman what technique do you use? I can't just go with your recommendation out of fueling an ego trip!!

rrman said...

Kyle Graft If you want to go short the market right at open 830 would be a good time to buy an inverse etf like tza or faz and sell wed at close

rrman said...

Ben Helge is what i'm going by first chart ok Jay but it really doesnt matter euro or /es they seem to be moving together although the /es is acting weaker on this spike than the euro this morning
http://www.cyclelt.com/INT.htm

Jay Strauss said...

Helge
Chart 1B seems to have the SAME direction as the EKG today

Have to be careful with HELGE as sometimes there is overlap & or lack of

in other words, ITS NOT EXACT, but the FLOW of direction is usually Excellent


rrman
what is the relationship
of the Euro to the SPX?
Are they on the same track or inverse???
Jay

rrman said...

they are both moving on inverse of the /dx so they are moving in tandem

Jay Strauss said...

OK
EURO & SPX in TANDEM

BOTH Inverse to the DOLLAR

thanks for clarification
I knew that, but I wanted to make sure our readers are aware of that also

Jay

rrman said...

Well the /6e hit 1.23 again but failed to break thru but the /es was weak we should bang up against the top of the trendline at open again tomorrow but it looks even weaker...so I guess the big down Wed will be to draw in shorts to get some fuel to break thru ...Helge is showing we break thru on Friday to the upside...

rrman said...
This comment has been removed by the author.
JUFU said...

Thanks RR & Jay.

The only descrepency is that RR is looking for a pretty big drop into tomorrow's close, while Jay is looking for a big spike ...

Jay Strauss said...

OBV did NOT keep up with the mkt
OPEN rally, and the MACD blue line rolled over the red line

Jay

Jay Strauss said...

JUFU
as I mentioned, HELGE cannot be USED EXACTLY as published

THE FLOW of direction is good, but NOT exact TIMES

is that clear??

Jay

JUFU said...

thanks for clarification.

madaboutsingha said...

Jay, was 10 am HOD?

Jay Strauss said...

Madabout
IT look like 10am MAY have been the hod
But the close should make a strong
comeback after a 1pm or 3pm low

Jay

Kc135a said...

I am watching for a pivot down to start near 11:30 EST ending 15:30 EST.

I have tracked the Index P/C for years. It is essentially a hedging index so high Put/Call ratios are market bullish and low Put/Call ratios are market bearish. Think hedge, not buying options for profit.

Jay Strauss said...

HI KC
Agree on PC ratios
also tracked for years

11am seemed to bring in TYPICAL
DAILY turn lower

12:30 is 60bars and might offer a short term low, then 90 bars @ 3pm

HAte to BUY long when they are Up 100 pts, so waiting till later for OPP.

yesterday's close was probably a very good buy opp, but I was out of the office.

1090- 1094 would be a great price to get in at, but we might not get that low today

Jay

Kc135a said...

Jay

Pretty much agree.

Longer term I now have the trend up until 8/2 but for today thinking 10-15 SPX points down before an end of day reversal back up.