THE FUTURE

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

Friday, September 23, 2011

Market Timing-Whats Next -SPT23 FINAL WARNING - WV 3 of 3 dead ahead

PD results seem mixed for EOD, so MY game plan is to scale in shorts starting at 2pm this afternoon, provided they have bounced off that cycle convergence at 12:30

Futures at 3am were Up about 8.00 spx pts, but fell off at 7am following Europe
at 8:30, the are following the EURO which is NOW in the GREEN.

That teaches me a lesson especially in fast mkts- should have close out those calls at 4pm yesterday

Between those support & resist LINES is 1160 to 1093 which would indicate potential to hit the middle, where it closed yestday @ 1129

YES, they COULD GET AS HIGH AS 1161 - 23 =1138, and its possible they might even make it back to 78% at 1155, but the WAVE principle indicates the NEXT BIG MOVE IS DOWN as indicated.

68 pts / 2 = 34 + 1093 = 1127-- ANY HIGHER SHOULD BE CONSIDERED A GIFT from heaven, and IMV, a shorting opp

A TRUSTED ELLIOTT GURU has indicated WAVE 3 will stop at MY PREVIOUSLY PROJECTED DATE of OCTOBER 10th.

FIRST STOP as indicated
SPT 22-23 = wave 1 & 2 of {3}
Spt 28 at 10;30 to noon = 3 of {3}
Oct 3rd = wve 4 pf {3}
Oct 10-11 = Wv 5 of {3}

IF wave 1 was at 1101
and wave 2 @ 1230
then wave 3 could be 1.618X wave 1 of 270 pts = 436 pts-- OUCH
some real TOUGH BEAR DAYS AHEAD
TAKE FULL ADVANTAGE OF THIS WAVE STRUCTURE - IT DOESNT COME AROUND VERY OFTEN


I have been WARNING at the BLOG and its right here NOW
Jay

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