THE FUTURE

THE FUTURE
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Friday, December 09, 2011

Market Timing-Whats Next -Dec 9th EKG today & Morning CLOSING COMPARISON

NEW EKG at 8am

 I was lamenting that I closed out the Q puts bot earlier this week at 3pm, but now of course it was the right thing to do.

holding out for 4pm would have been a wrenching 30 minutes waiting for the final lows.

Even tho the EKG #2 showed a LATER recovery which never happened - IT was NOTED that 126bars HIT at 4pm which is obvious now

ARMS index yesterday closed at 4.98 , but did NOT trigger a buy signal

Using the E graph for December, we can STILL EXPECT a SHARP drop into the 16th

Remember the ECLIPSE EFFECT -- MATTERS that begin prior to the ECLIPSE RARELY work out as planned

IT NOW looks like 1266 was the PEAK of an undetermined wave as yet - maybe B or D?
thus 1231.56 might be labeled as wave 1 of a possible C or E wave LOW, again to be labeled later
today, we could label as wave 2 of said C or E
wave 3 on MONDAY & Tuesday next week then fits well with the DECEMBER E graph
wave 4 on Wed & part of Thsday
wave 5 late THSDAY & FRIDAY Dec 16th

AS such , I will NOW consider Re entering SHORTS at or before todays close
using fibo math lets see where the price level might rise to

35 pts lost, new fibo 34
retrace can be 13 , 21 or 27 pts
price levels
1245
1253
1259
EKG on TOP would indicate a high at open and again at 1pm and or 3pm
THUS matching the ED CYCLE HIGHS at 9:45 and 1pm & 3pm
Im considering shorting at any or all of those times
 STAY TUNED
Jay
Blog editor playing havoc with the way I would really like to publish this??
OLD EKG

1 comment:

Jay Strauss said...

NEW EKG LOOKS JUST RIGHT Mama bear

holding just under 1256

bad news - ANGER over shared MONEY issues is expected this wkend

SHOULD have a deleterious effect on Monday & Tuesday

STAY TUNED
Jay