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| IMPACT STREAM SHOWING A LITTLE SUPPORT THIS AM as does the EKG below |
Jay
Futures nearly FLAT @8 am
Today's reading calls for Optimism & energetic teamwork
180bars at noon
204bars at 2pm
228bars at 4pm could be lod as 258bars is expected Monday at noon
39 hours at 10am could offer the hod today
1301.08 hit yesterday at 3:55pm and it was a BRADLEY turn date
Next Bradley dates are
Feb 4th
Feb 17th
And I still expect them both to represent highs
March 10th & 17th also
More Later
Jay
MORE NOW
THE TOP 3 CHARTS DAY SAY IT ALL
Monday should sell off some more, but could recover some by days ends and
FEB 1st can offer a VERY STRONG RECOVERY
7 comments:
Hi Jay
It takes a whole week to push the market up and then it takes just a day for the bears to kill it.
You have to love this game.
Go get them POMO money again and then the bears can just burn you in a day.
SORRY< I was OUT most of the day and could not comment until 6pm
But you can plainly see the IMPACT data kept in sync with the EKG and the POWER data which indicated some selling published earlier this week
Jay
Is Egypt that big of a deal? in the micro, no. In the macro, yeah. What's going on there will have ramifications in the other mid east nations, so further unrest is probable.
So the question that bothers the hell out of me is this... as the market forces continue to build up pressures that need to be resolved to the downside, can Bernake's insane policies offset all that enough to keep the market going up.. or at a minimum moving sideways? We truly don't know the answer, because this has never happened before. He is doing any and everything he can do to avert a major depression here, and I understand that. But.. will he be able to hold back the economic forces of nature? Wow, good question.
NOTE THE Cycles
180BARS at NOON @ 1277
228Bars AT 4pm = LOD
Jay
Egypt had nothing to do with this. Down grading Japan possible.
This news came after to fit the pattern, the pattern leads. I have watched Jaywiz works for years. Click some of his links to keep this site alive. As I said on my blog this is a red cit week.
trendsby3
thanks JerryO
no one knows what they have till its gone
Maybe i should stop publishing for a few days/weeks/ months
YES, SUPPORT THIS BLOG
NO, I dont need the Pennies it clicking ads might generate, but it GREAT TO KNOW there are people who WANT this info
Thanks
Jay
ps; Your blog- trendsby3 deserves recognition also
Link on Main page
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