 EKG seems to show a much lower close, but remember 2 things 1. IGNORE AMPLITUDE 2. As often happens the NEXT day picks up where today left off , so tomrrow stands a very good chance of losing all today's gains at OPEN  | |
| June 21@7:30am |
previously noted.
26Hrs @ 10am should be a temp peak
150 bars at 11:00 am can offer the early setback , but just a little backing off
High energy at 1:08pm should give us the HOD, or thereabouts-
180B @ 1:30pm
204B @ 3:30 pm
The Power data has been in perfect sync with the mkt & the EKG
It shows today open higher, backs off, then higher again, and failing end of day
the question remains -Will that drop off continue on Wed at the open,
or can i catch a swing higher at open?? IMV, Im Looking at the POWER DATA which shows
a lower open, then later rebound as the FED announce is at 12;30pm
which could coincide with some wild swings at the point in time.
and Thsday Psych indicates an energetic start thus a higher open.
difficult to interpret tomrrow as there are some conflicts.
The EKG shows possible higher open
the POWER DATA shows potential LOWER OPEN
Dynamic index topped on the 18th and has SLIPPED lower from there
Activity index has been hovering at the 100 to 200 level since the 13th
A marked low has been projected SEVERAL TIMES now for the 24th, and NOW
the POWER DATA CONFIRMS A LOWER OPEN FOR THE 27th.
SO what , you ask why discuss the 27th on the 21st?
AS previously projected & Above, and HIGH of the 4th wave is expected at about 1pm today
Heres what Im asking myself
DO I hold my short position all the way to Monday or try to catch some short term swings
on the way down??
Read the Psych report on a previous blog page
SUMMARY
Ive been rather prolific this am and it can get rather confusing so heres what im seeing
A peak today at the 1pm hour
A LOW tomrrow at 1:30pm on 258bar pivot
A higher open on Thsday at 39hrs @ 10am and stay up or higher till
about the Noon hour to high energy/change at 1;30pm latest
Down all day friday
Down Monday till 11am
cycles converge at about 11am
204bar pivot and a segment of the 13day at 10:20
which can extend to match neg energy at 10:54am
more later
Jay
3 comments:
Reza- thanks for the promo
nopaldop
July wont be ready until at least the 26th at the earliest
best wishes
Jay
IF they DONT SELL OFF LATE TODAY
then TOMRROW will be HELL for the bulls till 1:30pm @ 258bars
Energy refuses to budge this afternoon
Jay
What really ODD is the readings for today and tomrrow as they MAY HAVE FLIPPED places
IT does happen but not frequently
Tommorw says
Dont be MISLED &
DONT CHASE AN UNWORTHY GOAL
Today read
Uncertainty -GLUM MOODS
Negative MIND set & squabbles
IF THE DID FLIP, and it really looks that way, then the FED will UNLOAD an unpleasant bombshell at 12;30 since the 258bar pivot is at 1:30
And
30 bar pivot closes out the day at 4pm
Since the NEXT day Psych read indicates an ENERGETIC start,
I will be closing my shorts
at either or both times above
HOW I can trust the Wed psych read to be accurate? you ask-- IN My experiance they DONT flip twice in the same week.
Plus the ENergY & Power data outlook agrees with the above also
Jay
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