Saturday, June 13, 2015
Stock Market Timing-What NOW !! IS THAT ALL THERE IS ??
WAS THAT THE BIG CORRECTION on JUNE12th OR IS THERE MORE TO COME ?
SO far we only have a RETRACE to 2115 from 2070 which was 45 pts/ 65 pts lost
from 2135 to 2070-- Thats 69% thus is could have gone as high as 78% to 2120.
THE Wave process leaves the door open for a lower low under 2070 next week.
THE OVER RIDING short terms cycle ENDS on MONDAY - WILL it be a run to 2120
or a drop under 2070??
PRESENTLY we have NON CONFIRMATIONS from the DOW TRANSPORTS and
DOW UTILITIES - Is that IMPORTANT ? you ask. YES, unless those indeces make a run to new highs as did the SPX all alone. THE RUT has only made an attempt, but so far has not done it.
THE JAYWIZ POWER DATA which we get on SUNDAY at 7pm for the WEEK AHEAD and updated during the week IS VERY CLEARLY SHOWING US what to expect. I cant show that here because there are a LOT OF VPN MEMBERS paying a miserly $100 for that info and stand to make THOUSANDS on MONDAY since they are already poised to take advantage of the DAY"S ACTION.
This has gotten more wordy than I like to be, so here is LAST WEEK'S POWER DATA.
JUST THINK IF YOU HAD THIS GRAPHIC LAST SUNDAY, HOW MUCH BETTER YOU COULD HAVE DONE last WEEK.
BE AWARE & BE READY TO TRADE