THE FUTURE

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

Friday, October 01, 2010

Oct 1st EKG & comments

I DONT KNOW HOW MUCH MORE ANYONE could ASK FOR
this EKG INDICATOR posted at 8:30 EVERY MORNING is INCREDIBLE
70% DAILY Accuracy for the DAY AHEAD since inception March 24th
Jay
Last day of Month & first day of new month have usually been positive

late energy today supports the mkt for today

IS today a TOP for now or at least for the month of October?

Low volume all month also shows up in my proprietary tracking.
Adv Decl & vol peaked SPT 9th, and have been lagging since.

the Usual HIGH around the 20th - 23rd has extended to the EOM,
but what does that say about the USUAL lows on the 1st to 4th
of each month as we have seen since March 9, 2009?

It would seem to say those dates will ALSO be extended

The NEW moon is on the 7th, and is indicating a fresh start

NOW this dosent mean we go STRAIGHT down to the 7th - OH NO
much more choppy than that, for sure.

_____________________________
UPDATE

13 day cycle at 11am brot the mkt back off its opening high
Activity index was at 100 all day yesterday and at noon is at 66, near its lowest possible level @ 33

258bars at 4pm yesterday indicated a big open today
30bars@ noon hit but muted
60bars @ 2;30
90bars at 10am Monday

we are 750 tr days from October 10th, 2007 high
Break that down as follows
250 tr days back to 10/2/09, a LOW
500 tr days back to 10/10/09, a low
750 days is obviously NOT a low, but is it a high?

lots of technical evidence around to indicate the rally cant continue without
a set back, and some techs looking at 1110 for support, but the most recent
support cane at 1122.

Jay


3 comments:

San said...

S&P 500 Futures before opening bell

haagensen said...

the 17.40 ( uk time ) was a nice 30 points profit move up..next turningpoint is 14.40 ( US time )and the last TurningPoint for today is 15.45 ( US time )

Mike

Jay.. any idea reg. direction for the above ?

Jay Strauss said...

Mike
Not much to talk about today,

Monday is the big day

How much COLD WATER will it take to COOL off those HOT BULLS

IT STILL LOOKS LIKE we will get a VERY SERIOUS decline on Monday

and it should linger or bounce around in choppy fashion until the7th

interesting cycle of 488 tr days on the 5th = an 8day cycle off oct27th, 2008.

COULD BE some VERY large moves in BOTH directions next week

BUT first leg is lower
on 4th

Jay