THE FUTURE

THE FUTURE
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Wednesday, January 05, 2011

Market Timing-Whats Next -Jan6th PM Report


IT DOESNT GET ANY BETTER- WHERE are YOU DAY TRADERS - must be sleeping instead of trading??????? Jay



8:25am -UPDATED AM, prior to Employ report shows potential for early bounce, but later drop off
as the TOP graph shows
Activity index a little bouncy, but in a very narrow range between 100 @ 200
FLUX has been VERY HEAVY NOW EVERY DAY since Dec27th- IT was like that every day in 2009 till March 13th. Something is brewing, but we might not see any effect till March,imo.


Jan 6th looks promising for a moderate selling day
Power data agrees with the above
90Bars @ 3;30 might be the lod


Tomrrows EARLY energy at 9am seems to indicate the JOBS report will NOT be what WallSt was
expecting.

Jay

9 comments:

futures trader said...

Hi Jay

Dont know if we get that much of a move today, Tomorrow I do anticipate something like that tomorrow tho.

cementzak said...

pop & drop indeed. how much we drop? that i dunno. still expecting the 1295 or so at some point. not today though

sincerely ,
cemenetzak

cementzak said...

correction:

cementzak

Jay Strauss said...

HI FT
7th could start out rough, but data indicates another lift into Monday

2 bradley dates back to back 9th & 11th makes the 10th the perfect place for an important high

Jay

futures trader said...

I dont have a serious top until Feb.
These 5-10 handle pull backs are day trading plays

futures trader said...

more specific around second week of Feb.

Jeff said...

Thanks Jay

Jay Strauss said...

HI FT
Ive got potential top on FEB 17th
but
there might not be any more highs after today

TODAY IS
666days from Mar9th, 2009
66.6% gain from 666 low to 1272
900 X 66.6% = 606 + 666

A number of us at my Yahoo group picked this day a few months ago, using different methods

Jay

futures trader said...

Hi Jay

Wow you knbow your stuff I am impressed, I was hoping for a pop to 1280 but it never played out so at present 1277 looks like it might be it I am hoping for a pop up either just before or just after the numbers and then I am going in hard on the short side.
Not going into details as to why as I think you have a pretty good grasp on as to why.
I believe one of the gofers where cleaning out long positions yesterday.
Cheers