THE FUTURE

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

Thursday, May 12, 2011

Market Timing-Whats Next -May 12th Mid Day report




THe Graph on TOP is from APRIL 1940, exactly 70 years ago
WILL that CYCLE repeat in the next few days ??

The lower graph is RIGHT NOW showing WAVE ii of 3 IN PROGRESS
of which we already seem to have completed wv i of 3 this morning.

IF we are going to get a repeat of the 1940 wave, imo, it has got to start showing action tomrrow
at the latest.  wave iii of 3. which looks like it took 3 days to complete, ending NOW on May 17th
if that is what we are going to get.

Wv- iv of 3 to complete on May 20
wv v of 3 to end on May 25 and or 27th

Jay

Today's rebound limits
 1359 to 1332 = 27 pts lost


27x 50% = 14 + 1332 = 1346
27X 62% = 17 + 1332 = 1349 -= right there now at 2pm as I write this
78.6% = 21 + 1332 = 1353
Jay
 
The rebound off the first drop from 1370 to 1329 hit 1359 or 73% 

No comments: