THIS IS THE INFO THAT the VPN group was presented with LAST WEEK
to assist members making more informed trading decisions.
KEEP THIS IN MIND - JAYWIZ DOES NOT MAKE FORECASTS NOR Suggest trades.
VPN INFORMATION is the EVIDENCE provided by scientific resources gathered
to present a picture of probable market behavior for the week.
22nd has a 13 day pivot low a
t 11am, but might be over shadowed
by the DOWNTREND in progress and have little effect.
Neg energy is at 12;15 is very close to ed cycle at 12;45
180Bar pivot low @ 2PM is almost exact to Ed cycle @ 2;15
which MIGHT BE THE LOD as there is NOTHING else to hold it down
afterward & 7pm has strong positive energy - that should give the close
a moderate boost
THEN THERE IS MONDAY's read
COMPLICATIONS -& confrontations
$ unstable & confusing
DONT IGNORE unpleasant realities
which should keep the animals in the barn at the farm
USE the ABOVE data to YOUR Advantage -but YOU must do YOUR own analysis to verify or not
IMV- MONDAY indicates a positive start then testing or making lower lows at 2pm,
then closing up off those lows
Keep in mind the ED CYCLE times DO NOT have to be lower lows- or higher highs.
They are just pivots from a previous level and can be MUTED given a strongTREND
in either direction. BARS work the same way. **but the BAR cycle ALWAYS indicates a LOW.
read calls for renewed certainty , but be practical & focus on long term
39 hrs at 10am, a high possible
228Bar LOW = same as Ed cycle @ 11;30-11;45
258 Bar low @ 2pm
THAT PIVOT USUALLY sets the stage for a rebound as shown on the graph
leading to THE ED CYCLE ALTERNATE HIGH @ 4pm
WEd - 24th
read is for a PLEASANT START, and MID DAY SLUMP
A high at open could be the lod
the only other mild pos energy is at 12:53
THE DAY IS MARKED by a CLUSTER OF HARD ENERGY all day and
thru the NIGHT - thus the SLUMP
ADVERSE TRENDS EARLY AM, leads to Frustrations
TILL 156Bars & Neg energy at 2pm
There is a conflict between an ED cycle HIGH at 4pm & 258 bars
which could easily be resolved if one of them rolls over to Monday.
IF Friday closes DOWN then Monday could open hgher or vice versa.
Bernanke at Jackson Hole is expected to repeat his outlook for a weaker economy.
NEG energy & NEW MOON on weekend also weighs heavily on trading.