THE FUTURE

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

Thursday, August 05, 2010

August 5th EKG

13 hour cycle at 10am today
rebound energy high possible from noon to 1pm, or even 3 pm
Is today the CYCLE TURN ?

Running out of Time ?
It typically takes 13 tr days to get to an important bottom
Aug 5th to Aug 24th, relates to similar day count as in Oct 1987

Jay

25 comments:

cementzak said...

not much is new, still waiting for that final advance of Minor [2]

i start to think we'll top on great job numbers - you top on good news, not on bad news

cementzak

Jay Strauss said...

cementzak
Yes, tomrrow might do it.
Jay

Jay Strauss said...

Is anyone else having a problem with fireFox last 2days, or do I have a virus?

Comcast uses Norton, and I ran the virus scan

Maybe need to do it again
but EI works great- no delays

Jay

rrman said...

i think the dollar turned yesterday and it is following thru today the /es should catch up in a day or two

cementzak said...

maybe the whole mess since the high on monday has been a b wave triangle.. and today we saw the start of the real C wave to peak

cementzak

sirgiyan said...

I would say topping on great news tomorrow makes a lot of sense to me.

RickyBobby said...

I think top is in now.

cementzak said...

yeah, but because of the long consolidation we have the potential for a strong rally. i have to update my target to the high 1130ish-mid 1140ish

cementzak

cementzak said...

that was a reply to: sirgiyan

spagbol said...

cementzak
One of this guy's counts is sort of in line with your view:

http://gi61et.blogspot.com/2010/08/1609-bst-spx-update.html

cementzak said...

well, that could be correct...

however that is not a wave 4 (way too long), i have that as a B wave of v of C of Minor [2]

cementzak

spagbol said...

Could be. But I've never come across an official rule that limits the size of a 4th wave

Jay Strauss said...

It all seems to come down to one idea
Has the EDT finished or not

When was the last occurance of an EDT, and what occurred next?
anyone got a pic of that?
I seem to recall talking about it, but I dont recall WHEN

Jay

sirgiyan said...

The trading range of last 3 days might be quite a support once it is broken to the upside. So I would be cautious shorting until we get high enough. (say 115-117 SPY) The reason is: if you want to break a door the distance you have to run depends upon the heaviness of that door. So this door is strong enough so you might need quite a distance to break it with power

cementzak said...

predictable close, gap up setup for tomorrow morning.... pop & drop

cementzak

rrman said...

helge long term chart says we drop anytime then big up into the end of month if we drop big tomorrow with the jobs numbers i'm hearing the 9th is a big turn day might make sense..

Jay Strauss said...

rrman
ive posted the fibo timing several times for the 9th to 11th
11th SHULD be the PIVOT low leading to a 2 day rebound, but further more seroius declines are due between the 17th & 24th
Jay

Alesund said...

rrman,

I think you mean Helge's long term chart says we drop anytime and then go up big at the end of the year (not month), right?

That's what I see on his charts.

Thanks

rrman said...

Ale i see a quick drop then August has an up bias with a peak around the end of the month you have to look at that thing long term for the direction the down won't be a big down looks like

rrman said...

what i see it saying is August will be another choppy month with an up bias but September will be down down down down down and around the end of Sept will be the time to go long and hold until the end of the year

rose2797 said...

rrman, 30yr, presidential cylce chart- 2nd year is saying the same thing. It looks like a small top on monday.
Some correction till 16th, which will get all the bears excited. But another rally till 25th or so. Very hard down till end of Sept.

Jay Strauss said...

wow, you guys are fighting about timing based on premonition???

Look at the cycles about to unfold this month
of which the 10th & 24th are most important, not to mention Spt 3rd which is Stan Harley's cycle of 377 tr days.
10th converges 2 big cycles
24th converge 3 fibo cycles
Jay

Jay Strauss said...

Today's reading indicates a happy start, but changes later
Jay

rrman said...

I'm getting out of my faz/tza and shorts at the open I think we go up all next week futures down -100 with bad jobs number

rrman said...

/6e hit the top of the channel i'm short it now huge move up and /dx huge move down should reverse now