258bars at 10am60bars at 3pm
39 HOUR CYCLE
May 25th at 10am hit a low of spx1041 intraday
June 3rd at 10am HIT a HIGH at spx1106
based on this CYCLE
There was NO DOUBT that TODAY would OPEN LOWER
The daily READING
Thsday was NEGATIVE as I posted yesterday
Friday = STRESSFUL DAY
Jay
Break 39 hours into 3
13 hours= 2 days
26hours = 4 days
39 hours - 6 days
13 hours = MONDAY at 10am, MIGHT be a LOW that "COULD" be traded
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a secondary low should also occur on Monday at 3pm to 3:15pm
126bars and neg energy coincide
THERE IS NO WAY to KNOW if that will be lower than 10am or not.
_________________
Supposition for Monday
I would venture to guess that IF they OPEn at 1040 or lower, then that might be the LOD
BUT- If they start out meager, then the low should occur Later at the 3pm slot
Jay
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2 comments:
258 bar supposed to be a low ... @ 10 ...
60 bar - low or high Jay ?
AS
Generally speaking- YES
BUT if OVER RUN by lower levels, then we ned to LOOK for the NEXT 258 bar cycle
3.3 days
258B @ 1pm on June9th
Its NOT meant to Designate the LOW OF LOWS
Its a REPEATING cycle
MKt breathing - sometimes holds its breath until the next pivot
There was a minor dip at 10;10am
and 12:30
3pm MIGHT be the LOD @ 60bars today and its now 2:30
Jay
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