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| May 25th @ 8am |
Expected not to hold the lower trend line, thus we should get the expected FINAL sell off
aka 5th wave to either 1295, and or 1280 between now and sometime on Thsday.
26th is a CYCLE repeat from the FEB 18th high to low
however, Im expecting a HIGHER OPEN tomorrow already indicated by the ekg & Power data.
that higher open should fail to hold by days end
27th is on schedule to be an UP day.
more later
Jay
3 comments:
Hi There,
will you be buying today between 1290-80 or will wait for 2moro?
UNB
buy when you think is best for you, and your financial advisor.
might not make it to 1290
1305 is strong support which we might see later today at the 90bar pivot @ 3;30pm
THis seems to be a very truncated corrective wave, not giving way very much in price levels on selling.
Jay
1311.80 HELD the CHANNEL line on open indicating it will not be broken or not by much, and not for very long
some have support at 1309.78
some at 1306. 12
with 1305 as a floor
this type of wave shows underlying strength
this Am looks like a wave iii spike , now progressing in iv, thus we can still get the v later today at 3;30 on 90 bars
Jay
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