THE FUTURE

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

Tuesday, June 07, 2011

Market Timing-Whats Next -Jaywiz -June Projection- update

Published June 7th at noon

Jay

2 comments:

Jay Strauss said...

11;30 DID BRING IN A PIVOT

Now Im watching for 3pm, and or 1301 to possibly get short

Once 1286 get broken, the next level should be 1275
and WEd has potential to get there.
Jay

Jay Strauss said...

SOme people have projections of this upleg to as high as 1311.

thats the level of WAVE 1 on May 25th, and the spx could attempt to fail near that as anything over would be violating Elliott rules.

however, at a lower degree, we can use 1345 on May31 to 1285 yestday

was 60 pts
60x 50%= 30 + 1285 = 1315
60 x 38% = 23 + 1285 = 1308
38% more typically is found retracing in a down trend such as this till June24th

BB speaks starting at 3pm- might give them a goose to get over 1300

from 1285
abc to 1295 [a]
x to 1291 [b]
abc to 1300-1308 [c]

that looks like wv [iv] of 3
wv [v] of 3 to 10th and or 13th

wv 4 to 20th
wv 5 to 24th

same as is shown on the monthly graph without labels


if wave 5 = wave 1 of 58 pts
then we might think about 1308 - 58 pts = 1250

we got to 1250 another way the other day, so we have 2 math methods seem to target that level

Jay