THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Monday, May 23, 2011

Market Timing-Whats Next -May 23rd Closing Report

May 23rd at 9am- ABSOLUTELY FANTASTIC Performance



AS promised , we are set to OPEN much lower
Europe off 2% at 9am
Oil - 3.00 @  @ 97 - Ok, we need lower gas prices
Tornadoes wipe out anther town, Joplin, Mo.  - OUCH !! - help those folks & the others


TOmrrow's open looks like it should be QUITE the OPPOSITE, not shown very clearly as
projected on the Charts Edge graph so here is tomrrows EKG START till about noon.


May 24th at open, the rest of the day wont be available till tomorrow at 8:30am


IT LOOKS LIKE ALL SELLERS TODAY- NO BUYERS

Like CE, ive also got an important pivot low on Wed about noon.

So far, as youve seen on the previous pages showing ENERGY for the week, Im not so confident
the mkt will continue with solid weakness as CE shows, but Ive WARNED about this entire week
since the MONTH projection was first published at the end of April.

more later
Jay

7 comments:

joed said...

EMINI hit my target on the money......have a turn date tomorrow............Good trading!

joed

http://traderjoed.blogspot.com/

Jay Strauss said...

1313 at noon on 150 bars hit exactly & completed 5 waves

next important pivot is at 10am tomrrow on 204bars


which might start the day off lower but still expecting a noon to 1pm high turn

however, IF the last hour today sells off and heads into a lower close, it should follow thru on the 204b pivot tomrrow am
and then recover to 1pm.

Gets very difficult to follow at this time.

Jay

john said...

I am now counting bars

Jay Strauss said...

OK John,
bar pivots are REAL

Jay

worm said...

Wow... Exactly move according to the script.

worm said...

Jay
What day would be a more reliable low on 5/25 or 5/31?
Tks!

Jay Strauss said...

WORM
Its really looking like 5/25 and or part of 5/26

BUT Im still holding out the prospect for the 31st to be a down day till noon prior to a rally and price explosion on June 1st.

Jay