THE FUTURE

THE FUTURE
SCIENCE DOES IT BETTER

Tuesday, August 03, 2010

August 3rd EKG
























39hrs at 10am
78.6% /13 day at 12:25
90b@ 10;30
126b@ 1:30
156B @ 4pm

Those who are waiting for the typical fall declines in October are probably going to be sadly disappointed. The PROBLEM time appears to be from NOW till Oct 4th, as Ive mentioned several times and given data in reference to that date.

more later
Jay

20 comments:

cementzak said...

according to my analysis we are about the finish Minor [2] - so Minor [3] is about to start and it will be ugly. don't ask me when & why ....

the current weakness is probably b of iv of c of Minor [2]

cementzak

cementzak said...

correction

the current weakness is probably b of v of c of Minor [2]

sirgiyan said...

B of V means ending diagonal. Right?
Looking at FXY and TLT I wounder why haven't me crashed already

cementzak said...

that is correct Sir. the move since the July 1st low is an ending diagonal. market bounced from ES 1113 as expected by cementzak. markets looks like in a hurry, it might feel solar storms are heading our way.....

cementzak

AS said...

Cementzak - what is your tgt for this up move ?

cementzak said...

tgt? what it means?

Alesund said...

Thanks for sharing your thoughts cementzak.

"tgt" means target

cementzak said...

NP.

well, no real target.

but connect the high of july 13th with the high of july 27th - that is the trendline. expect a classic throwover to end the pattern and fast reversal to around 1,000 - and that will be wave 1 of Minor [3]

my best guess is that we'll top in the mid to high 1130ish

cementzak

Reza said...

PG guidance 8% next quarter. Now go figure the Dow market value

after8 said...

buying spx here at 20.7,cant see big weakness again today,just a case of buying the dips into friday morning unless the low 1100's come into play.

cementzak said...

c of v of C of Minor [2] in progress

well... the bears are squeezed, so real buyers will have to show up now... so that final advance of Minor [2] might take a day or 2, and might be a choppy affair

c of v of C of Minor [2] in progress

cementzak

sirgiyan said...

I would say a triangle on 15 min SPY greatly reinforces the odds for B of V of C case.
Triangles tend to precede to final move if i remember correctly

JUFU said...

Yeah, I read something about symmetric triangles (continuation)...

What's the case if a failed fifth occurs?

after8 said...

out at 22.no volume no progress.no nothin.

Kc135a said...

Don't discount the triangle being a diamond!!

cementzak said...

yes Sir, that looks like a B wave triangle... we should see an exhausted spike out of that triangle, and that will seal the deal for Minor [2]

cementzak

cementzak said...

trapped some bears at the end of the day, will go higher tomorrow for the final advance of Minor [2]

cementzak

samamehta said...

CEMENTZAK:

I COULD NOT AGREE MORE WITH YOU : ALL OF YOUR COMMENTS

GREAT CALL I THINK.

EXCEPT 1135 FOR SURE BUT 1160 A POSSIBILITY

THANKS

samamehta said...

wednesady high 1135

that would be august high

E said...

Larry Pesavento in the audio posted at http://commoditywatch.podbean.com/ on July 14th, predicts a stock market high on August 10-12. Due to exceeding S&P 1105 his prediction for a low inverts to a high, or so he said.