THE FUTURE

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

Tuesday, August 09, 2011

Market Timing-Whats Next -Aug 9th _ Fed offers words of Encouragement

Given the WILD ride today , we might surmise this is a 4th wave thus making 
spx1119 the bottom of 3- Often the Market catches up with the EKG and DIVES the NEXT AM. 
If that occurs and they drop to 1090 in the first hour , then it proves an expanding WV4 triangle.
August 9th @ 8:45am

IF THE FED had some AMMO to offer, it would seem they WOULD HAVE JUMPED In
YESTERDAY
TO GET AHEAD of the CURVE
 BUT HOPE SPRINGS ETERNAL , and we see a higher open

13 hr cycle at 10am should see the high of the MORNING
NEG Energy & 228bar pivot sould see a LOW at 12;30pm
HIGH ENERGY should see a high at about 3:30pm
FED announce at 2:15 should offer some encouragement but it wont be enuf to sustain a recovery

CYCLE is STILL SET FOR A LOW on FRIDAY

more later
Jay

Today the futures are pointing toward a higher open to at least 1132,
which would be a 38% retrace of the last down leg from 1152 to 1120.
The 13 hour cycle at 10am should find a peak at that time.
IF wv 5 started from 1152, then this recovery would be all or part of wv ii-5

8am Europe recovering, but dropping back after 8:30

PC DATA today is 80% BEARISH
JAYWIZ INDEX = .44, and UNDER 50 is still bearish
ARMS TODAY WAS ONLY 1.04
99% Down Volume

NYMEX OIL FLAT & GOLD up another $33.00
productivity data was not positive, and the futures backed off

Fridays PC data was 50% bull/bear
Thsdays was80% BULLISH

ACCORDING TO THE ENERGY & PD data, we should see
a LOW at 12:30 pm
HIGH at 3:30 Pm
Late drop off leading to much lower levels ENDING ON FRIDAY

4 comments:

Jay Strauss said...

GOT TO 1146 at 10am
THATS a 78.6% retrace from
1152 to 1120
WAS THAT WAVE ii of 5 ?

Looks like
We'll have to wait FOR the 12:30
LOW to get a better picture

Jay

Jay Strauss said...

DAYS LIKE TODAY EAT UP TIME

4thwave triangle - sideways

its like they are waiting for the FED to say the MAGIC words
or
wave the magic wand and make things all better

DID they REALLY PLAN FOR THIS?

I doubt it

Ben who has studied the 87 crash vigorously , but DID he examine the aftermath

the years 1932 to 1942

Jay

Jay Strauss said...

JUST AS SUSPECTED
the FED is OUT OF BULLETS

And CONGRESS is out of their minds

SO now we know WHy we are going to see the NEXT BEAR MARKET for the next 2 to 3 years

258BARS AT 2:30 SPX at 1101
DUUHHH

Couldn't ask for a better timing tool for intraday trading

Jay

Jay Strauss said...

JOIN THE VPN, and FIND OUT what GOLD WILL DO NEXT MONTH

Jay