If today isn't down more than 15 points on the S&P, wouldn't you assume we aren't going down very hard here. Thanks
no big sell off with such a weak dollar. power graph shows might be correct for dollar and not for spx.cementzak
The JEWS will be taking profits at close today as tonight is a High Sabbath for Sukkot.Just another convergence of important days to consider for the TOP(a top).
It should be noted also that Sukkot is a 7 day ending with Roshanah on the 29th.How convenient.
I smell something BIG coming.
Waiting is pure tortureEquinox todayFull moon at 5 am tomrrowFred, I dont think we need to sell off today, but it would be encouragingSometimes the power data is delayed a day, or it might happen late as you mentionedCementzakwould be clearer if the dollar & gold reversed later todayJayJAy
I am watching my 21 hour cycle for any sell signal. If it occurs within a certain time frame I have an ABSOLUTE 100% sure-fire can't lose trade that has never failed. It is on these occasions that I throw every resource I have into the trade. Even if it moves pennies , Its big money.But this next sell signal for the 21hr will be first cascade into a larger time frame trade.
RickyBobby,What do you specifically look at on your 21 hour time frame and your signal. Thanks
This thing looks like toast to me.We have a Dialy swing High now confirmed.
Fred.I'm looking at my oscillators. More or less the same oscillators everybody uses with a few exceptions. But the key is in the settings. It's that custom proprietary stuff we do that makes a huge difference.
My Jewish trading friends are all smiling today. That's enough to tell you something is going down. haha.
I have the SPY rallying to a lower high into the close, a very sharp down opening tomorrow bottoming within an hour of the open, one more rally to a double top or perhaps a slightly higher high and then down we go for real.Could take until Monday or Tuesday of next week before we see the final high.KC
could be KC, dollar might need a few more days to bottom... if we go higher my target would be 1158 SPX (a=c)cementzak
the shorter term power data is indicating an acceleration LOWER tomrrow with an INITIAL low set for 11:30am Friday as indicated by 2 converging cycles at that hour.Friday @11:3062%/13 day & 150bars Rickynot sure if we are using the same 21 hour segmentsToday at noon marked 258bars which might have actually occurred at 11:30, and is beingOVERRUN by the next cycle- because it is now 1:30, and the spx is lower than it was at 11;30Jay
if that is correct Jay then what we have seen from the top is a leading diagonal. thanks,cementzak
JayNo we're not. My version works exclusively with my Index. The way I measure differs from the way you measure yours also. Similar principles and applications. There are some philosophical differences between you and I, but life wouldn't be fun if we we're all the same. Neither would a market exist. ;)
OK RickyFYI yesterday was 55 tr days from JULY2ndJay
JayYeah nice huh? I can drive 55 55 55 55.I hope they rally this into the close to add some more distance between my short entries and my destination profit target.
Yesterday was 55 trading days from the July low. It was also the intersection of the Feb-July low support line and a resistance line from the April high to the June lower high which should have been a significant pivot date. Not bad, two indicators for the same date.I have found limited success with fib time patterns this early in the year. They seem to work best when the 55th bar is a higher low or a lower high around October with a 144 bar projected end target date for the run into the 55th bar. That said, then the final low for this run is 1/20/11 plus the holidays using the 144th bar as the termination of the move. Although the implication is for a low I suspect a high is more likely which implies to me this fib timing patten will be a bust.Here comes the end of day push I was looking for. Going to short the close looking for the fast gap down and crap tomorrow morning.
KCThe Fibo #55 is an averaged number from all the 89 day trading cycles in my Index System.Obviousy the number can vary from higher to lower depending on the cycle translation.I have a way to demarcate my cycles unlike some others who use them and think the numbers are somewhat rigid in application. But nevertheless the averages IN MY SYSTEM al seem to be Fibo numbers. Amazing.
I'm fascinated by the level of in your face manipulation we're seeing, because obviously the market needs to be "down" not up. more VXX
nteresting Theory on Stock Market Crashes and Jewish CalendarThis phenomenon can be more accurately ascertained by looking up the dates of key panic climaxes (including maximum DEFCON nuclear alertsin October of 1962 and 1973) using a lunar-based Hebrew calendar converter: 13 October 1857 = Panic of 1857 = 25th of Tishrei, 5618 24 September 1869 = Black Friday in 1869 = 19th of Tishrei, 5630 29 October 1929 = 1929 Stock Market Crash = 25th of Tishrei, 5690 26 October 1962 = Cuban Missile Crisis = 28th of Tishrei, 5723 Wed, 24 October 1973 = Yom Kippur Arab/Israeli War = 28th of Tishrei, 5734 Mon, 19 October 1987 = 1987 Stock Market Crash = 26th of Tishrei, 5748 Tue, 28 October 1997 = 1997 Asian Financial Crisis = 27th of Tishrei, 5758 Fri, 24 October 2008 = 2008 Financial Crisis = 25th of Tishrei, 5769 As can be seen above, the tendency is for mass panics to climax around Tishrei 25-28. Typically the acute phase of mass panic begins after the full moon in the 7th lunar month, i.e., around Tishrei 15. What about this year? The full moon occurs on September 23rd and Tishrei 25-28 will take place between October 3rd and October 6th. Thus, we are now about to enter the time of year most vulnerable to mass hysterias. While historically autumnal panics have taken the form of financial crises, one might note above that the October 1962 Cuban Missile Crisis andOctober 1973 Yom Kippur Arab-Israeli War, the two points in history when the world came closest to an all-out East-West nuclear war as measured by NORAD's DEFCON nuclear alert level, occurred in the context of the typical seasonal pattern for mass panics. In 1962 the highest DEFCON status was reached on October 26th, or Tishrei 28. In 1973, the highest DEFCON nuclear alert was reached on October 24th, or Tishrei 28 as well in that year. (Tishrei 28 is October 6th this year.) Some might not see the connection between financial crises and geopolitical crises, but it is clear that one exists. Consider, for instance, how reversals from psychologically important thousand marks in the DJIA have correlated with geopolitical "shocks". One of the most clear-cut examples of this occurred with the October 1973 Yom Kippur Arab-Israeli War when, upon retesting the "Magic 1000" mark, the DJIA turned down in connection with the outbreak of war in the Middle East. What followed was an OPEC oil embargo against the West and a severe contraction in the global economy precipitating a 40%+ decline in stock prices in the ensuing months: In early-September of 2001, the DJIA reversed below Dow 10,000....THEN 9/11 occurred precipitating a 20% drop in the stock market:
rramnWOWthanksthats quite an eye opener Jay
shake & bake
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