Wave Count ?

From 1060.55 At 11;15 am

Looks like the wave is heading lower
Wave i down to noon
wave ii up to 12;45
wave [i] to 1047.24 at 2;30
Now in wave [ii] so far to 1050.59 at 2;45pm
wave [iii] should be next on the schedule

Jay

1080-1020 =60
60 x 62% = 37 + 1023 @ 3;45pm low on Friday =1060

AFTER the OPEN

The OPEn FUTURES at 8am promises to hit 1050, the 50% retrace line on the spx

the warning from the stars says

DONT promise more than you can deliver
the risk today is one of overdoing it

Jay

Bullish or Not?

In 1987 , October 5th & 6th was the START of something BIG

BUT this year is NOT 1987 and those looking for the SAME will be disappointed

HOWEVER, IM expecting an OCTOBER 13th similar to Spt 23rd and the fall after
a mid day high on the 13th into Oct19th might emulate 1987 to some degree.

Flash has posted SEVERAL times expecting a MID MONTH smash
Jaywiz says BEWARE the IDES of October
in other words - DONT BE BULLISH after Oct13th at 2:32pm

more later
Jay

LOWER on MONDAY

Even tho i dont agree with ALL HIS LABELING,
the OUTCOME for Monday is STILL LOWER to spx 1000 area

OFFERS a GREAT short term buying OPP for the next rebound into 7th till about 1pm

Oct 7th is an 8day high
making Oct 8th an 8 day TURN

If Monday makes a low at or near spx 1000 at the
JAYWIZ cycle pivot @10:43 to 11am, that might be the LOD

As far as labeling Monday's low might be considered wave [i] , not iii nor [iii]

Wave iii of [iii] seems on schedule for Oct 8th to 20th and could break out into 5 waves also.

Flash has posted b4 lows at or near Dow 8450
Hadik has similar targets for for NOV 13th.

more later
Jay

CHANNEL

Chart Via Daneric's blog

I SEEM to remember SOMEONE Else projecting OCTOBER 2nd to SPX 1000

Who was that Masked man ???

OOOOOHHHHH YEH - it was JAYWIZ

Pivot low due at 11;30

I dont think its Minuette [i]

I think its [iv] of previous degree, now looking for [v] of 5 of C
to END the UPTREND From march 9th

I had Written that LAST month and repeated it SEVERAL TIMES

WE Still have ONE MORE IMPULSE wave to OCT 8th and or 12th

Oct 12th and or 13th COULD be VERY SIMILAR to SPT 22nd & 23rd.

On the 12th there is a JAYWIZ CYCLE @ 10:30 and a MARS 60 Saturn at 5pm
13th has a VEnus 60 Mars at 2;32pm
Spt 22nd had a Jaywiz cycle at 10:30 and we topped the next day @ 2;30

No Fed this time.

I will elaborate the fascinating Jaywiz cycle at another time
It has been amazing since I discovered it on NOV 21st at 11.05 AM

more later
Jay

OCTOBER 2009

IT SEEMED there was a DELAY of about ONE WEEK on this chart
SPT 2nd low on the chart looked like SPT 8 or 9
BUT
it was UP all the way from 9/2 to 9/17 as published--
& also ONE WEEK LATER on the 23rd - not on the chart


That brings us to present
the LATE SPT decline as published should have happened from the 17th to 25th
QUESTION NOW becomes ~ was the LOW on the 25th as published
and are we NOW in SYNC with the CHART ???????
OR
does that CHART show the 23rd as the high and NOW OCT 2nd as a LOW
AS IVE POSTED several times ??


WE did get STRONG RALLY right after a low on the 25th
IT now looks possible that the END of MONTH high did occur on the 28th
AND OCTOBER 2nd should set back some AS PUBLISHED
_________________________________

I was THINKING that OCT 7th would NOT start
the decline as the published chart, BUT NOW
I AM RECONSIDERING that IT NOW WILL do just that.

I had been thinking it would be DELAYED one WEEK, to the 13th but
ASTRO this OCTOBER fits QUITE WELL with duplicating 1987 & its
AMazing that JUST LIKE 1987, OCT 5th STARTED
a MAJOR SELL OFF to the 16th/19th
THIS OCT published chart is a NEAR DUPLICATE of 1987

OCOTBER looks like:
3 legs DOWN from OCT 5th
WAVE 1 hits a LOW on the 12th in the AM with the 13day cycle at 10:30 along with Neg lunar astro
Reading calls for SUDDEN REVIVAL

WAVE 2 Rebound on 12th to AM of 14th
WAVE 3 LOW on 19th at open
Wave 4 should make it to the 23rd, but could get more complicated
wave 5 might not end till Mid Nov - Hadik's cycle date

more later
Jay

waiting resumption

Ian's chart waiting RESUMPTION of the downtrend

todays low at 1046 hit the trend line, but the next move is to break it and head lower

Jay

CHANNEL

Heres what Danerics up to the moment chart shows a CHANNEL forming

and IMO, could be
wave {A} to 1041
WAVE {B} still in progress in wave [c] of {B} today

IT would need to BREAk the channel by collapsing under 1041 with volume

I still think it will do the by Friday,

we'll see what todays close brings
the reading calls for a good start, but it did not start good. however, it did recover
and the reading also issues a caution with $$ warning

SO - a late collapse could set up the low Im still looking for on the 2nd

Jay

SPT & October

the Chart above is somewhat distorted so I will elaboate

the high shown on Spt 1 was actually Aug28th, AND
THE LOW in SPT actually came in on the 2nd as we know
but on this graph it looks like it should have been later, about the 7th or 8th
_________________________________________
Then the High looks like it should have been the 17th -and as we know it was the 23rd.

SOOO, we have to push all our dates FORWARD about a week

That takes us to the 5 wave SLIDE shown from the 23rd to ???
As per the chart, it appears to be the 25th and one reason why I posted a low on that date,
BUT
we NOW KNOW there is MORE because we have pushed the dates up a week
and that GIVES US FRIDAY October 2nd
as Ive posted several times
___________________________________________

THEN we see a VERY QUICK and DECISIVE rebound to what looks like OCT 1st,
but we KNOW that cant be - IT MUST BE THE 7th and or 8th- ADDING ONE WEEK

And even after a QUICK DIP on the 9th and maybe part of teh 12th,,
we THEN see another potential RISE possibly on the 13th & 14th.

THE BIG DEAL of the MONTH then shows a LARGE 3 wave decline into what date??
it looks like mid month on the 16th & 19th and astro does agree with that,
Quick rise to 22nd followed by dip to 26th

An EOM high matching a 60 day high on Aug 28th might end the month
on the rebound leaving the fist week in nov to head down again

more later
Jay

A day to remember

10am on 9/30 UP TO THE MOMENT, -- AHHH DOWN to the moment

window UNDRESSING

SPX off 13.70 in 15 minutes

More to follow

Jay

WAVE "B"

Looks like wave {B} came today rather than tomrrow

1080 - 1041 = 39
39 x 62% = 24 + 1041 = 1065

MERC direct starts at 9am tomrrow
Has been RETRO since Spt 6th all the way up -

MANY times mkts change direction on or near Merc Retro or Direct

39X 1.618 = 65
1065 - 65 = 1000

Remember we discussed 1040 and 1000 as important levels
so far we got 5 waves down to 1040 = wave {A}
and 3 waves up to 1065 =wave {B}
NEXT is 5 waves DOWN to OCT 1st at spx1000 = wave {C}

THE PIVOT and BUY is on Oct 2nd at 10am


Jay

Which WAY NOW Mr Elliott wave ?

MY Elliott is SIMPLER than MOST. some times thats good and sometimes not so good, [g]

I see Friday's HIGH at the 3pm TURN as the PEAK of WAVE [iv]
it has an abc formation.

It does satisfy the RULES of Alternations since wave [ii] was
barely noticeable on the way down from 1080 late on the 23rd

NOW
Note that MACD [ as ALPHA pointed out] CROSSED OVER after 3pm friday
ALSO note the OBV, not shown is on a steady drop from spt 23rd at 2;30pm

THE POWER index as previously mentioned does SHOW a SELL OFF Monday
AND the PROPENS index [as of SUNDAY am ] PRELIMINARY data has caught up enuf
to CONFIRM that drop.

SPX to 1021 should be the next objective level which would = about 185 dow points

Also, for those who are following the BAR cycle
it hits 156bars at 4pm and or open, but my inclination is for 4pm
Bryan NOTE that 78 bars at Fridays close meant NOTHING,
but 150 or 156 do have meaningful pivots

____________________________________________
TUESDAY
SINCE MERC goes DIRECT at 9am, we might expect a STRONG OPEN
And should continue biased Up in an ABC formation to midday on WED
_________________________

Thursday
has multiple long and short term cycles CONVERGING
at 2;30 = 39 hrs from the 23rd HIGH
__________________________

Friday has more and stronger convergences at 10am
21 tr days from Spt 2nd at 10am
34 tr days from Aug 17th at 10am
plus
144 tr days from Mrch 9th
216 days from Nov 21

More Later
Jay

Bryan
BAR CYCLE= 78 bars per day
12 per hour x 6.5 hours
5 x 12 = 60 x 6.5 = 390 minutes
Using a MULTIPLE of TEN x 390 = 3900
3900 / 6.5 = 6 days
we NOW see why 6 DAYS has such cyclical importance

We closed the day friday at 78 bars
that means Monday has
90b@ 10:30
120 b @ 1;30 or 126b @ 2pm
150 @ 3:30 0r 156 b @ 4pm

NOON update

WOW

Activity index is NOW AT 33, its LOWEST value

I think Aug 17th was the last time that occurred

258 bars hit RIGHT at OPEn-- now BACK in SYNC
30 bars at Noon providing a dip, but not lower low
60 bars are at 2;30
90 bars WILL be on Monday at 10;30


MONDAY could be a DAY TRADERS DELIGHT
many twists & turns of decent magnitude

If today makes its LOW at close at 1040 or lower, then I still see that as
WAVE{A}
WAVE {B} should be MONDAy to EARLY wed
WAVE {C} ends Oct2nd, also a BRADLEY date

Jay

Wave Count ?

I dont think I agree with this wave count or Daneric's either
TODAY is 28days from August 17th
you remember that day? I'll illuminate

On Aug 17th the DOW opened DOWN 199, and lingered all day closing down 186

Could today be a DUPLICATE??
at lest on close.

Lets SEE
SPX futures are DOWN 5.00 at 9am, thus 1039.47 looks like a dead issue=
IF NO SUPPORT at 1040, then 1025 might be next

SPX 1050 - 25 pts = dow 200 =1025
1080 - 1025 = 55 FIBO points

WHY NOW ?Iran secret exposed = PLUTO DIRECT & waning Sun Square
from 23rd.


DAILY Arms
Wed = 2.32
Ths = 2.04
Cumlative so far DID NOT produce a buy signal
PC ratios YESTERDAY ARE more bullish than bearish, BUT the WAVE has to RUN ITS COURSE

REMEMBER I had posted SEVERAL TIMES to BUY the CLOSE of the 25th
and a drop today of 200 dow points SHOULD LEAD TO
A VERY STRONG OPEN MONDAY= Yom Kippur

However, the reading calls for starting the day on the wrong foot,
so its STILL a bit confusing as to the OPEN for Monday
I will try to clarify later

Jay

new thread

cant post anything right now - gotta run out
Jay

UPDATE

A drop to spx 1000 by october 2nd
october 2nd is where the rubber meets the road
144 tr days March 9th - Hadiks 29/30 weeks
Hadiks **CLASSIC start of an interm correction** Spt 23rd
where is 30 weeks from today ? = LATE March as ive Already posted b4.
However, once spx 1000 is hit on october 2nd, we should get a SHARP uptrend to oct7th
BACK KISS on a receding trend line
That would be the REAL KISS OF DEATH, and they should sell off in very dramatic fashion
into the NEXT Cycle low on NOV 2nd.

PS
I will be REMOVING ALL OFFENSIVE comments
this forum is meant for the BENEFIT of traders who want somewhere to discuss the latest
market activity -

Personal offensive remarks are not appreciated by anyone
Jay

OVERTHROW

Just as this chart shows, they pushed it HIGHER to 1080 today

55 tr days July7th from LOW TO HIGH- not low to low

ARE WE THERE YET??

Looks LIKE today is the PINNACLE HIGH

THEN WE MUST CONSIDER OCTOBER 2nd will be the NEXT PIVOT LOW

OCT 2nd is
216tr days Nov 20
233 oct 27th
144 March 9th


Jay

Another chart

this chart is for Coy


Follow the 22 day cycle
or 11 days as posted

Spt18th high, not with standing the Autumn Equinox yesterday
and a midnite high tonight

NEXt date of Importance seems to be Oct2nd

more later
Jay

New Chart

Some of YOU need to get out and read OTHER analysis and provide your MARKET input

I am not a sounding board for disgruntled bears

more later, Maybe
Jay

Fred's latest

looks right to me

Jay

abc X abc

X wave today
then next ABC to lower levels
1040 minimum
1000 maximum

Jay

A FLAT

Wave (ii) looks LIKE a FLAT
why?
Low 1061.19 yesterday
10am HIGH at 1071.29
NOON low at 78.6%/13day cycle at 1064.27
3:30 high at 1071.52

OBV drops off
Macd rolled over
Ultimate topped at 3;30

That sets up a wave 3 down from the start on Monday
which fits in with the afterglow of all the EUPHORIC astro this week
Tuesday has
39hrs from the lower open on the 14th
13 day cycle at 10:30am, which opens the door for a recovery into the close

WEd is indicated DOWN from the START with NO LET UP

Get ready to BUY Friday's close

Jay

P2 TOP or NOT

reports are coming in to ID the wv (iv) low and a concensus seems to be brewing for SPX 1039

As I wrote SEVERAL TIMES a SPT 25th LOW should EXPLODE Upward to the OCT 10th to 13th TOP

SO we seem to be looking for spx1039 on or b4 Spt25th

SPX got to 1061.19, and lost 13.58 from its high of 1074.77

83 pts was the LAST gain from 992 to 1075 rounded off

the loss represents 16.36% __ aha- FIBO hits us right in the face

a loss to 1040 = 35pts & 42% - not your usual percentage, but it has worked b4.

BOTH the 25th AND Oct 2nd have fibo low point connotations
but they are occurring during a RISING trend to a crescendo on OCT10th
IT means that any setbacks within the time frames mentioned
above would most likely be muted or lessened because of that uptrend

The TRANNIES have been pointed out as a confirmation of the continued uptrend
ALSO- MY internal DATA of ARMS, etc has NOT issued a SELL SIGNAL

IT did have a MINOR sell on Aug28th and a buy on 9/2
9/2 was an 8day low, making 9/3 and 8 day TURN

We are coming up on the 25th = another 8day LOW & turn on the 28th
combined with a 55 tr day low from JULY10th, should allow that price
explosion to the end of the month

THIS IS ALL happening in DIRECT oppostion to LAST years SPT 29th debacle
leading to that MONSTER SELL OFF on Oct10th.
the FIRST sign of a CRACK in the armor last year was the SPt 4th loss of 344pts
followed bySPT15 loss of 500 pts, and so forth
JUST THE OPPOSITE this year, UNTIL we GE TO OCTOBER 10th, then, ___well

that story is FOR LATER

Jay

UPDATE

SATURN Aspects keep rally alive
Saturn 180 Uranus on 15th = EUPHORIA.

SLOW moving planets keeps euphoria alive on
16th and 17th until SUN 0 Saturn AT 2:23 Pm today.

TOmrrow, however has some big changes in store for
investor psychology and of course price levels as SELLING PRESSURE explodes.
NEW MOON at 2;44 indicates a CHANGE

A LOW at 1:30 Monday SPT 21st should setup a strong
REBOUND on the 22nd to be followed by a continuation of selling on the 23rd into the 25th

REMEMBER the 25th is STILL A BUY ,
and the BAR cycle converges with 28days from Aug17th low @ 10am
Psych read calls for EARLY STRESS
NATURAL energy offers an EXPLOSIVE rally on 28th to 30th.


more later
Jay

updated MATH & dates

the LOD was at 2;27pm on March 9th
676.53 was the MARCH 9th CLOSING LOW
at 1068.29 the gain = 391.76
391.76/909.31 = 43.1%
38.2% + 5.0% = 43.2%

the recent MAIN cycle LOWS were
Nov 20 - 2008
March 9th -2009
Days apart = 72 / 8 = 9 segments
Some use A 71 day cycle and that was one of them

But more important is the CURRENT cycle
March 9 to first high = 43 days = May 8th
From March 9 = 133 tr days or 44 X 3 =132 as of yesterday
THE NEXT LOW was May27th = 12 days from high to low
and 55 tr days frm March 6th

Which brings us to the current cycle
March 6 + 55 = May27th low to low + 71 to Spt 2nd
May 27th + 89 = October 1st low to low
October 1st/2nd = the next BRADLEY change DATE
MARCH 6th & 9th + 144 = October 1st & 2nd

other cycles ALSO CONVERGING at the SAME TIME
NOV 20 /21 -2008 + 216 days = OCTOBER 1st / 2nd = 4 segments of 54 days
Spt 2nd + 21 days = Oct 2nd = 34 days from Aug 17th & 89 May27
233 tr days OCT 27th , 2008 - which was followed a by a near 1000 pt next day rally

We are NOW 13 days prior to October 1st/2nd where the
NEXT major converging cycle LOWS reside

THIS IS A REVISION to the CYCLE low of SPT 25th

Jay





Jay




March 9th +

Ending DIAGONAL

FROM DANERICS page tonight - ending diagonal in case
you didnt know what RAVI has been referring to.

Also called an EXHAUSTION wave where wve iv overlaps wve i
ITS a TELLTALE WAVE for a REVERSAL

ITS NOT neccessary to MAKE ONE MORE HIGH as he shows it

the LAST ABC should have been enuf

Hadik Hit it on the head - 9700 on the 15th using cycle weeks progressions

SPX was NOTABLY weaker than the DOW- a telltale signal of weakness

IT is POSSIBLE that AFTER the C wave at 1056.04
might have traced out waves 1 and 2 of the NEXT WAVE DOWN

Which means that wave 3 should START from the OPEN, and might not look back for
that typical retracement after the gap open. but we will see how it behaves.

258 bars is NOT till 11;30 tomrrow
90 bars Thsday at 12;30
180 bars Friday at 1;30 AND 204 bars at 3;30

Mahendra is sadly mistaken about a crash FROM the 29th,
in fact as Ive posted - its a CRASH UP, from the 28th and or 29th.
and dont let me forget that. we dont want anon to be disapointed.

FLASH and I agree about a HIGHER high possible on Oct10th
and another serious decline FROM Oct10th to the 16th

WILD and CRAZY driving BULLS insane

more later
Jay

whats an anon, anyway ?
maybe some day that person will offer at least some initials

outside day

Theres only ONE MORE move left for the bullish side of WAVE P2

ITS called an OUTSIDE DAY or REVERSAL

we need an INTRADAY RALLY move higher today to 1053
FOLLOWED by a collapse to a lower level
breaking under the 4th wave of lesser degree.

POWER INDEX shows such is LIKELY TODAY
with a RUN UP to 600, & subsequent drop
to 425 later today

It also depicts a low of 300 on the 17th & 18th
__________________________________________
Ravi said...As mentioned earlier around the close,
we most likely finished a iii of (v) from 991.71 low.

Most likely scenario tomorrow is that we correct in a iv
early AM towards 1046.41 (38.2% of iii and low of lower degree fourth)
and then move up to complete v of (v) from 991.71 towards 1052-1053 area.

______________________________________________-

in addition to all the above
According to astro transits & readings, the end move should come today

more later
Jay

UPDATE & new thread

Joseph, I will offer my outlook for SPT and October
at the risk of being sent to jail by ONE anon,
who Im sure has not offered ANYTHING
constructive for the group to use for more effective trading

Remember, this is only my opinion, and anyone trading on my outlook
is doing so at their own risk.
I do NOT offer any advice as to what or when to buy or sell-
I only offer my own trades and sometimes LIKE any trader, I lose$ also

Having said that for the benefit of anon, Heres my outlook for the next couple months

SPT and OCTOBER are set up to SELL OFF, but as any market,
it will have some WILD gyrations

SPT 14 as per previous data for TIME and PRICE WILL have SQUARED OFF.

Heres a SUMMARY

SPT14th TOP of wave P2
DOWN on SPT 15 to 17
LOW on SPT 17th as per FLASH also
Rebound start on 18th - RoshHashanah to 22nd

23rd to 25th DOWN AGAIn and YES the 25th & or 28th should be an IMPORTANT
LOW & or TURN
28th is YOM Kippur, and the mkt should start to move SUBSTANTIALLY HIGHER
into
The NEXT 2 Bradley dates of OCT 2nd & 10th, both of which look like highs
for other reasons than JUST Bradley
NEW 2009 HIGHS ?? Maybe, but I doubt it & IT REALLY WONT MATTER,
if we are trading short term.

As per FLASH, per private email
WE BOTH agree on another MAJOR SLIDE from OCTOBER 10th to 16th

I think thats MORE than we need to know for now, and any further projections wont
be remembered by anyone anyway.

FLASH has MANY turn dates within the next 2 weeks, and he is RIGHT about them.
(15-17-18)-(17-21-22) (21-22-23) (17-21-24)- BUT how can anyone make sense of it?
he calls the above four 3 legged turns ?????????

But it does seem to fit in with increased VOLITILITY for the next 10days

Flash is working on a system derived from Keplers law which he calls CALEB
maybe it will offer more details as he develops it.

More later, maybe
Jay

DOLLAR - NEW LOW

From Daneric's site - a great chart of the DOLLAR

24 days from previous LOW on Aug6th at 77.43

Today closed at 76.85
which might have qualified for a WAVE 5 BOTTOM

IF tomrrow's dollar explodes UPWARD, we will see a complete reversal
which includes DOWN stocks & gold
of course we know that gold could not hold 1007 at this time.

Its NOw 9days till Spt 23rd and the 55 tr day cyle from July8th & 110 from April20th
18th NEW moon should be a low following the full moon high on the 4th;

more later
Jay

TODAY's CHART

TODAY Topped out at 1;15 pm
Activity index fell back to 66
It would appear that 1;15 to 1:26 at the Moon 120 Sun
has tipped the scales for the moment at spx 1036 & 9577

more than a typical 78.6% retracement, and as I posted they got to 92% at SPX1036
AND 92 % got an EXACT 9578 today on the DOW

_________________________________________________
THERE are a NUMBER of SHORT term cycles CONVERGING on FRIDAY at 10am
38.2% of 13day at 10:12am
18days or 3 x 6 tr days from Aug 17th - low to low
9 days from Aug28th high to low
39 hrs from Spt2nd lo to lo

DOLLAR appears to be making FRESH NEW LOWS and will be at 24 days tomrrow
but it doesnt rule out the morning of the 11th

__________________________________________________________
Heldge's graphs shows a QUICK DIP should be NEXT, but it also indicates a QUICK rebound
this is consistent with the above cycle lows at 10am Friday
AS WELL AS a BRADLEY change date on Monday Spt14th
FASCINATING as the READING for Monday calls for a STRONG START
BUT the NEXT 3 days SPT 15-17 are WROT with A NEGATIVE CLUSTER

COY, you had mentioned a LOW on Friday and the above CYCLES could be IT
I went looking to confirm that, and it looks like I found it.

the GAME PLAN NOW would be to COVER shorts on FRIDAY
at 10am GIVEN THE ABOVE scenario plays out as described.

SPX 1014 SEEMS To be the MIDDLE GROUND for the last decline and rally from
August 28th, to SPT 9th and could be the cycle low for friday AM.

And that COULD leave the DOOR oopen JUST enuf to get ONE MORE thrust
BACK to 1036 / 1040

more later
Jay

UPSIDE exhaustion??

Looks like CLX shows latest rally with fewer stocks participating
Thats a WANING of support and $$ from investors


Today's futures higher open looks like a GIFT to the bears

Heres my trade dates for SPT

4th HIGH - turns into 8th for high, but not on close?
9th low at close
14th high at close
17th low at close
22nd high at close
25th low at close
28th TURNS higher into early October

Some are comparing this year to 1987-- DUHH- they do that every year
BUT this time it might be closer to 1987 than ever before-
We will explore that a little later on

Jay

6 month chart

Ravi
Look at the 6 month chart above

Looks like the HIGh was hit on the 27th as we know
and what followed might be an A & B now looking for C wave LOWER
correcting the 170 pts run from 870 to 1040

170pts x fibo 3s
fibo levels at 975- 955- 935
40 pts rule of thumb = 1040 - 80 = 960

Chart above shows OBV topped 8/27
MACD crossed over on 14th and again on 27th
Ult Osc peaked on 7/28 & secondary turnover on 8/27

39 hr & 26 hr cycles converge NEXT on 9th at 4pm and
OR 10th at open
WHICH
also converges WITh 180 bars at SAME TIMES
Hadik has a SIGNIFICANT cycle of SPT 8 to 11

8th reading calls for disappointment
9th = possible crisis
midnite high tide inverted
10th CHANGES = Strength & confidence
11th = UPBEAT day
14th =Positive day
another change takes place on 15th


More later
Jay

UPDATE & new thread

START new THREAD

Employ report subtle

Europe STILL higher over 1%

Activity index gyrating
at 7am = 300
at 8am = 100
at 9am NOW = 225
Resembles the FUTURES this AM

Power index still climbs from 550 at yesterday's close to 600 this AM - then lower
and is at 300 by the 9th

Propens index peaks this AM & heads LOWER by close into Satdy

IF 204 bars did not hit at yesterdays close, it might be a minor drag at open today

full moon is at noon

Im still planning to SHORT , but might not wait for 1021 which we might not get
spx 1009 could offer some strong resistence

more later
Jay

GOLD

Elliott wave 3 way back in FEb

CONTRACTING TRIANGLE A-B-C-D-E

E was just at 934 on -- YUP -- August 17th

A 5th wave THRUST to 1000 COULD END the 5th wave NOW,
or on October 3rd to 10th if they stretch it out that far..

And I think they WILL as it also follows EQUITIES to the OCT10th
PEAK that Ive mentioned a few times

in other words, it could take 5 waves within the 5th wave to complete the cycle

& At 978, its at a strong resistance point right now, BUT....

___________________________________________

Im STILL expecting an UP THRUST at tomrrow's open
I dont think it will last more than 15 minutes at most
SO, I will be positioned to SELL at 9:35am- THAT IS :: GIVEN a rally open


TODAY we had the following bar cycle LOWS
60bars at 10:30
90bars @ 1pm
126BARS @ 4pm

NOW heres an interesting POINT
Since 126bars HIT at CLOSE, it LEAVES the DOOR OPEN for tomrrow's rally

NOW, Im sure YOU remember I posted another take away AT
11am to noon tomrrow's converging multiple cycles & astro

Ravi
what WAVE count do we get after the LOW at 991.79?
It looks like an "a" to 1000.34 at noon
and 'b" at close
"c" could carry to 1009 with Dow up 100 pts

Then The 13 day cycle low would = the X wave
and ONE more SET of 3 waves to Friday AM at 1009 to 1016 area.

THSDAY
POWER index has a rise to 450, then a LOW at 350, then ends the day at 500
Friday starts at 600, and falls to 450 by days end
the POWER INDEX 7 day outlook is set at a low 300 on the 9th.

More later
Jay

UPDATE & new thread

-2.90 spx Futures at 8:30 are consistent with the 39 hour LOW due at 9:45 to 10am

FIBO level of 991.55 is next level @ 78.6% retracement

FROM there, the PROPENS index shows UP for the day, and astro points to 3;30
Propens index makes a dive either late today or Tomrrow which is consistent
with the power index as well as the 13 day cycle as previously mentioned several times

Summary
TODAY -Down at open, then Up till 3;30
Thurs - UP open, maybe - drop into 11am-noon = next pivot low- then UP
Fri TOPS at 10am or by 11am latest on the Employment HYPE

IMO, FRIDAY open - BEST SHORT of the WEEK, expect sell off to CONTINUE on 8th
9th OPEN LOWER on 39 hr cycle at 10am

I hope some of you are catching onto the 26& 39 hr cycles
Aug 17 + 39 hrs = Spt 2nd at 10am [[ lo to lo ]]
Aug 31st at 10am LOW + 39 hrs = Spt 9th at 10am
___________________

Aug 28th @ 12:30pm + 26 hrs = Spt3rd at 11am to noon [w] other cycles converging
Aug 31st Low @ 10am + 26hrs = Spt4th HIGH- YES HIGH- low to high @ 10am


more later
Jay

Tuesday 9/1

Whats NEXT ?

With all my updated comments, I still get that question

Whats NEXT ?

I thought I was clear, but what do I know?

Today's futures are opening LOWER as of 8:30

As PREVIOUSLY written
228bars did not hit at 4pm yesterday,
thus IT MUST HIT AT OPEN TODAY
which appears obvious from futures off 4.50 at 9am & was off 7.50 earlier

IMO, pivot today should be at noon @ 258bars and Merc 135 Jupiter
TODAY is an 8 day LOW & there is a mild neg lunar aspect as 4pm
___________________________

in addition
Another pivot at 10am tomrrow on 39 hrs cycle
I could be wrong, but I think this one will be the Low of the WEEK
Wed is an 8 day TURN, thus adding to the change in trend posture today
_____________________________

Another pivot at 11am to noon on Thsday
should lead to the anticipated RALLY of the week
higher close leading to a BURST on Friday am with the Employ # as a catalyst

More later,
Jay

Sunday update

NO changes as per prior comments


Power index lays out next week as such

Monday
SMACK down still expected 10 AM & secondary at noon-
no way to know which will be the LOD
index starts at low 300, and finishes at 500
propens index THSDAY was at 3009, and MAKES a PIVOT LOW Monday at 2980
It was fALLING at the close Friday, but stocks did NOT have time to react
NOW THEY DO, and THEY have been chomping at the bit to SELL

Tuesday power index is mixed, but should reach a high at 3pm
after a choppy day, BUT biased UP

Wed OPENS DOWN again on 39hrs and power index at 350, rising to 450
Another CHOPPY day with upside bias after the open

Thsday opens flat to up but makes a pivot low at 10:30, ON the 13 day cycle
and might continue somewhat weak till 12;30/ 1pm
index 450-350- 350-400

FRIDAY EXPLODES HIGHER at the OPEN, and drops off the rest of the day
600 - 300
opposite of Monday

AS ALWAYS, we can NEVER EVER get it EXACTLY right in advance,
but any similarity to the above is PURE ACCIDENT -
HAHAHA - That got your attention

Spt has 2 important high points & or turns
4th
20th

Low points & or pivots
9th
29th

Merc goes RETRO on 7th effecting 8th & 9th ~~
and DIRECT on 29th - EXPECT huge rebound

Full moon on 4th - often at turns
15th ~ Saturn 180 Uranus -- restrictions conflict with rebellion - Trapped

15-16-17 HARD ASPECTS grouping - should sell off
Rebound to 22nd MONDAY HIGH - 20th = Sun 0 Merc- found at hhighs
AND on 21st ~ Venus 120 pluto - ditto

23rd HUGE Negative HARMONIC CLUSTER -
possible VERY BIG DECLINE ending on 28th and or 29th Teusday turn around

more later
Jay

OBV still weak

Thanks for the great input, yes even jj

The WAVE from the HIGh on the 25th to the 27th looks like abc x abc to a wv iv

the WAVE from the 25th at 10 am to the 28th at 10am looks like 5 waves to a NEW intraday high

the wave DOWN from that high now looks like a -b - c to 1023.13

the recovery wave UP from 1023 to 1028 also looks like an abc.

Ravi
what is that telling us?

and the spx is lower at 2pm, a 126 bar cycle

BAR cycles DO NOT have to be LOD's or lower lows
but they often are.
OBV on the 1 day/ 1 min chart is RISING at 2pm.
ACTIVITY Index is STILL FLAT AT 66

126 bar cycle would now look for 156 bars Monday low at 10am
and Monday also has a 78.6% /13 day cycle LOW at 11;55am
Tuesday 10am to noon rebound HIGh

Remember there is a postive lunar Jupiter aspect at 3;11pm TODAY
and the best part of the bear could be after that.

Jay

OBV weak

Ravi
What was that - today ??
Wve " v " extension ?? higher high on close for spx , and dow
10am LOW was right on TARGET = wv iv

9/3 is now shrouded in mystery
some say HIGH, and some say low

As I pointed out b4, the Morning of 9/2 at 10am is due another HIGh & TURN
39 hrs Aug 17th at 10am

SPT 2nd at 10am and again at 3;30 is the next HIGH & TURN
SPT 8/and or 9th is THEN the NEXT IMPORTANT LOW TURN

Tomorrw propens index so far shows the day as DOWN as does the power index.

$$ NEWS is Supposed to be HARSH- not so good GDP?? maybe the catalyst

Conjecture
IF we get a very strong sell off to the 1000 level or there about,
IT would mean that the 31st & 1st should NOT make new highs
power index for 31st starts out LOW at 300, and jumps to 500 at close
so it should END as an upday, but its too soon to tell how high
Last day and First day syndrome usually are UP days for the month


Thanks again for the great comments
some very good fill in info is being offered here and is very valuable to traders.

Some one talking crash for Spt 1st is NONSENSE

reference last years Spt was NOT good for stocks, but very good for bears
8/28/08 was a HIGh at 11,715
8/29 was off nearly 170 pts to the 11,550 area
9/2 opened higher at 11,800 , then took a dive to 11,516 close
9/9 was lower also
AND
9/17/08 was 1000 pts lower to 10,600 - CAUTION with that one this year

more later
Jay


Jay

Tech SELL SIGNAL

INTERNALS have ISSUED A TECHNICAL SELL SIGNAL

I have a DAILY RECORD of ARMS data that goes back many years

TODAY we are 120 tr days from MARCH 9th

1. 5 day ARMS = 75.4 and has been UNDER 80 for 3days in a row
2. TRIN 5 = 377 and has been UNDER 400 for days in a ROW
3. TRIn 10 - 977 and has been under 1000 for 3 days in a row

THOSE are VERY bearish readings

it could take as little as one day or as much as 10 days to see its effects.

Power index drops lower after today
propens index makes one more stab highr today, but closes lower-
tomrrow's graph is not available until early morning

The JURY is OUT as of this moment as to the DEPTH of tomrrows drop,
the level of which will indicate
either and END of the current rally from 978 to 1038
OR
a continuation into Sptember

Ravi is the MASTER of the MATH, and of course has also posed the same question

more later
Jay

Bears are READY

I was getting paranoid thinking that the bears would not get at least one day, but I am rethinking that position

Tomrrow's read calls for a TURN and it looks LIKE FLASH FUSION'S big turn on the 28th WILL
BE A LOW, and or the first 15 minutes on Monday

We are STILL in a 4th wave from the 1038 high of the 25th, and 26 hours
takes us to either 4pm friday or 9:45 am on Monday

Ravi and I have posted several levels for the SPX which are very possible to achieve between 1016 and 1000
any more than that is a gift from the gods
I got one email claiming they are expecting 980 - Would be BEARY nice, but I am not holding my breadth

Ignore those crash predictions that arrive every year at this time
at least for now
Tech data has NOT issued any sell signals
but YOU will be the first to know when the data does flash a sell
and even then, there could be a 10 day delay from signal to reality

Jay

UPDATE & new thread

Sorry- had too many personal issues to deal with last 2 days

should get back to normal now

___________________________________


Today is performing as expected
LOWER
a short term LOW should hit tomrrow 27th at
10am to 11am
BUT the 28th COULD end lower

10am = 52 hrs lo to lo - Aug17
258 bars at 10am
62%/13 day cycle at 10:43, could truncate to match above

ALL ONE WAVE so far from 978 to 1038 , and it SHOULD CONTINUE to Spt 1st or 2nd
power index shows 31st and 2st ARE UP DAYS

current MATH rounded off
978- 1038 = 60 pts
60X 38.2% = 23 pts
1038 - 23 = SPX 1015 SEE RAVI's numbers - maybe today's close??

Might break below that TOmrrow at 10am to 50% or 30 pts = 1008
NO GUARANTEES
just conjecture based on FIBO math

TODAY so far
Activity index at 100 all morning
Propens index looks for low also tomrrow AM
power index looks for lower close today, and lower on Friday, but might not be lower than today- waiting for propens to catch up with it.

preferred count

PREFERRED COUNT

This is how it looks with third extended, that will require fourth down and one higher hi for fifth.

1 978.51 991.20 12.69
2 991.20 980.74 -10.46
(i) 980.74 999.61 18.87
(ii) 999.61 993.2 -6.41
i of (iii) 993.20 1006.03 12.83
ii of (iii) 1006.03 1003.75 -2.28
iii of (iii) 1003.75 1027.59 23.84
iv of (iii) 1027.59 1021.8 -5.79
v of (iii) 1021.80 1035.82 14.02

(iii) all 993.20 1035.82 42.62
21.4% 1026.70 -9.12

From Ravi at 2;45 lookin good
LOW at 1;30 at 66 bars @ 1024.79
I use 23.6% fibo ratio X 42.62 = 10.06
1035.81- 10.06 = 10.25.76

its now 3;45pm and I got hungry- mkt rally usually follows- anyone else notice
this phenomena ??


Jay

10day - 15 min Chart

High today SO FAR at 1034.95
1035 numerology = 9 = a finishing # for what it worth??

Ravi
Wave count from 978 ?
wave 1 high to 990
wave 2 low to 980
wave 3 high to 1025 ??
wave 4 low to 1022
wave 5 NOW in progress to 1035??

The PROPENS index shows a HIGHER DAY with NO let up , until late in the day
Unless 2pm Astro offers the HOD with moon 120 Mars

Its now 11am and NO BACK OFF
Activity index is flat at 100 and has been there all day so far from wee hours in the am

10;30 was 30bar minor low
11am now holding just under 1035 earlier highs
the next 9 level = 1044 f or what its worth
MMath levels = 1002, 1033, then 1041

Next 60 bar cycle @ 1pm
90b@ 3;30

Flash uses 4.3 hour cycle & 8.6, but in between is 6.5 which = 39 hours
39 hours from the 978 low on the 17th @ 9:45am = tomrrow at 9:45am
which Ive mentioned often

Jay

update

Ravi
Your Math and Elliott are incredible - MUCH to absorb

Send me a one paragraph SUMMARY by email and I will post it for a new thread

Hadik's latest report indicates TODAY is possible at 9700 dow = SPX @ 1050
He calls 9700 a magical high & Aug 21 /24th a high progression
However, He also indicates SPT 4th as another potential high

IMO, it should come after a setback this week after the Monday high
I had posted MONDAY as a day that SOARS, but needs to set back some first
Propens index DOES show a HIGHER day today.
AFTER TODAY"S high - IMO,
As I PREVIOUSLY mentioned - Aug 25th to 27th & 28th has potential to
SELL off more dramatically than we have seen for a while -

VENUS trine URANUS & Sun trine Pluto on SUNDAY
are pushing Monday higher in the afterglow

LAST year we had a SEPTEMBER Crash, right after the END OF AUGust.
the ACTUAL crash took place from Oct 1 to 10 - dow lost 2400 pts on close

It is QUITE logical from a LOW to HIGH perspective to expect
OCT10th to provide the REVERSE-- A PIVOT high from which a similar loss can occur

However FOR This AM, we are seeing the futures pushing higher at the open
power index agrees with propens for a higher day today
BUT
there is a 38%/13 day cycle at 10:12 and moon 90 Venus at 11am
which could pull price levels lower b4 running to a higher close
at or near dow 9700, depending on HOW low the above cycle gets;
We have seen MANY times, a rebound, off a lower open, thus matching
a previous high & dont forget, they still have the 39hours cycle to TOP again TOMRROW
morning at 9:45

Summary
AS I previously mentioned:
BY Monday's open they would be CHOMPING at the bit to BUY
and the futures are reflecting as the open is just shy of 1030 as Ravi indicated also

Ideally, I would like to see an abrieviated high this morning at 9:45
low at 11am & rebound into the close.
open higher tomrrow, then DECLINE THRU the OPEN on the 27th,
AFTER bouncing around & making the 28th a SHORT TERM buy at close.

1014 spx as per one of Ravi's comments could offer the LOD at 11am today
but dont count on it.

more later
Jay

UPDATE

Looks LIKE OBV PEAKED at 1:30pm
little 5th wave from 3pm- LESSER volume
and price should follow suit on Monday

Took a short position at 3;55pm, and will plan to sell it at 11am tomrrow,
given a 25 pt spx back off = 200 dow pts - just CONJECTURE,
but a set back to just above 1000,
or just below yesterdays close at 1007 would work well also.

At which time, IF at 11am, I will close that position and go long

HEY PG
does that satisfy your short term trading and posting my trades??
Lets WORK together and maybe ALL of us can benefit

Jay

UPDATE

Read Ravi comments to UPDATE FAST PACED DAY

_______________________________________________

Activity is at 300
GOLD is UP $13
1013 - 1018 high target??
propens rises and falls later
power index slips lower during the day

After Higher OPEN - per Coy & Ravi, they should sell off to low 990's by 2 to 3 pm as per bars and Coy

204b at 10am
228b @ noon
258b @ 2;30
could extend to 270 bars at 3;30

The read calls for Fast paced changes
Day should close off the lows
wkend has strong pos trines
STILL LOOKING FOR MONDAY TO SOAR
39 hours from Aug17 at 9:45 = 9:45 on the 25th. = low to high
astro matches
25th calls for CHANGE to NEGATIVe
26th follow thru lower
27th LOW at 10:43 am & TURN
FITS well with FLASH's 28th date for another BIG run to a new 2009 high on Spt 4th FULL MOON.


Ravi
spx to 1050-1060 - VERY LIKELY
for MONDAY

WHERE is the BEAR ??

Obviously the BEAR is NOT here TODAY
I had to ask myself why
Astro had the answer - contacts with Neptune are often bullish- Why? you ask
ITS because Neptune is the planet of ILLUSION - its icy blue dreamy state of being.

heres a reading from the aspect.
logical analysis is misguided- confusion confounds fact & truth
_______________________________________

Ok, that was then
WHATS NEXT ?

THE BEAR should bounce from his CAVE tomrrow AM
at the open & MAKE a low @ 204bars at 10am

The aspect of importance is Mercury is 180 Uranus at 7:47 am
it translates as : poor focus- irrationality- disruptions-
moon # Uranus at 10;30am = restless impatience

the day also reads ::: ADAPT TO FAST PACED CHANGES

In conjunction with the above, the PROPENSITY index confirms
a LOWER start, and much higher close
todays close was only at 2992, opens tomorrow at 2987, then closes the day at 2998

Summary
I CAN NO LONGER project a DOWN DAY TOMRROW, except as already noted.
______________________________________________________

the WEEKEND has 2 very positive trines (120),
and the read for the day as previously posted says: today SOARS

the LOW of the 17th at 9:45 am + 26 hrs = Tuesday AM at 9:45
I am making that as a LOW to HIGH

Hey -PG dont leave us NOW, we value your comments

more later
Jay

UPDATE

Ibo's chart and CIY dates are in agreement with me

11;16 this morning " SHOULD " provide a turn -- moon 120 pluto
theres no other support left after that
Day closes on Merc 150 Neptune = confusion
Power index shows drop today, not yet started
propens index decline has NOT been seen yet--appears DELAYED ??
Activity index is NOW at 133, and has DROPPED from 300 prior to open.

It would seem all is in place for a CHANGE in trend as per Ibo's chart as well
TODAY and 11;16 seems most likely for that CIT

Yes Ravi I can see most likely 960 at or on Friday's CLOSE
But I cant see 40 pts lost just tomrrow alone

On ibo's chart we can see
1018 high then an a-b-c to 980 low = wave "A"
NOW IN WAVE "B: retracement to 1006
Next would be wave "C" which would also break down into 3 waves a-b-c
as ASTRO has described previously

That means TODAY drops to a LOW on FRIDAY - 960 or as low as 940 = 'a'
Monday as described gets a SUPER booster = 'b'
25th to26th and possibly the open for 27th = wave "c"
end of correction pattern and we then see a run up back to 1000 by Spt 3rd or 4th

IMO, the correction we started on Aug 7th at 1018 WILL NOT END until LATE Spt
23rd to 25th, but I will get more precise on that later.

Coy
that cycle convergence at 2pm might also be the acceleration of a TURN LOWER ??

Today ends with CONFUSION
AND
friday's astro starts with a SEVERE SURPRISE

more later
Jay

TYX

COY

TYX in BIG TROUBLE

TOMRROW SHOULD BE THE BIG DOWN DAY

Jay

UPDATE

I am attempting to put the pieces of the WAVE puzzle in place,
so we can ALL get a handle on WHATS NEXT

As of 1:30 as COY posted we are NOW getting what MIGHT be the 5th wave of "C" = X ??


IF so, then the NEXT BIGGER move has GOT TO BE DOWN
DOWN TO WHERE ?? you ask. GOOD question

I posted some possible levels, but I personally cant see such a
drop in the next 6.5 hours to 2pm tomrrow, or to friday AM open , to such lows

1018 to 980 = 38 pts = possible wave "a"
right now at 1;30 might be wave "b"
which means wave "c" dead ahead

38 x 1.618 = 68 - spx 999.61 got tagged a few minutes ago = spx target of 931
NOT out of the question, but WHEN is the next question, of course
38X 2.618 = 99 - 999 - 99 = 899 , we might be asking too much [gg]

However, Aug 20th AND part of 21st might HOLD the key to the above lows

I know what I wrote on the previous comments
Tomrrow is an 8 day LOW
Friday is an 8 day TURN

Tomrrow new moon is EARLY at 6am, and the after effect could be DOWN
there are 2 astro events that are strongly negative
both are MERCURY aspects - which effects OUR THINKING
Merc 150 Neptune = CONFUSION at 5pm tomrrow
merc 180 Uranus = SEVERE news @ 8 am friday - which is why Im expecting a LOWER OPEN

NOW, heres more
Monday has potential to be a HUGE rally, but from HOW LOW ??
THEN -AUG 25th & 26th are slated to SELL OFF into an OPENING low on the 27th at 10;30

I have to say that the MAIN TREND IS NOW DOWN TILL Late SPT
Spt 18th to 25th is the NEXT ASTRO highlighted time zone for trouble
but AFTER the 25th - it QUICKLY leads to a resolution and HUGE rally to Oct10th - yes OCT10th

___________________________________
THANKS for your great comments
evryone is offering good thoughts and concepts

Ravi
IT LOOKS LIKE 1;15pm made the hourly TOP in 5 waves from 11;00am where a pivot
began at 60bars and the Jupiter Saturn 150 mark

LET US KNOW WHEN WE GET the FIRST 5 wve decline off that high mark
____________________________________________

more later
Jay

BOLLINGER bands

Bollinger bands appear to be coming to a PINCH at 4pm

SPX 991.20 - like the mama bear - JUST RIGHT

NEXT 2 days should PROVE the wave count

it would seem we got wave 1 or 'a' from 1018 to 980 in 6 days --aha 39 hours

Next DOWN LEG would be 13 hours to the 20 th at 2;15pm or the last hour @ 3;30
20th converges 26hrs from the 14th & 65 hours from the the 6th @2:15pm
& 180 bars hits at 3;30

the BAR cycle is right on schedule as there was a minor dip on 258bars @ 1;30pm today
the NEXT important BAR cycle is at 4pm, AND OR OPEN
IF today does NOT tank at the close IT WILL DO SO AT OPEN - tomrrow,
especially given the Mars 90 Uranus tonight

ALSO
the 20th is an 8 day LOW
which makes the 21st an 8day TURN

Using a variation of my 13 day cycle = Aug 7th at 1;15pm + 84.5 hours =Aug26th

Note about the 26th
Merc 90 PLUTO @ noon
Mars 180 Pluto @ 4;30
strong Plutonian energy = DISRUPTIONS - Uncertainty- domination- rash actions


SUMMARY
wave 1 from 1018 to 980 ~~ Aug 7th to Aug 17th
Wave 2 from 10:00am on the 17th to what now looks like 3:55pm today -
wave 3 DOWN should = 2 days from 4pm today till 2pm on the 20th AND or 21st at open
13 hours

how low is low ?
Hey -- you CAN do the math as well as I do
Wave 4 from Early friday to Monday at 4pm = 13 hrs

MY thought is 38 X 1.618 = 62pts
OR
38X 2.618 = 100 pts

350 spx pts gained from march 6th low
X 38.2% = 135 pts
38 pts = wave 1
leaves us with a potential loss of 100 pts in 2 days

Monday's read says THE DAY SOARS
so get ready to buy the lower open on Friday

Tuesday the 25th says a CHANGE IN ENERGY and it gets negative again
27th calls for a TURNING POINT and a 62% /13day cycle at 10;43am



more later
Jay

update

START new thread

ts 9am
activity index is at 66
Flux is FLAT LINE

propens index shows potential for some upside but short lived
and lower by days end , possibly lower tomrrow AM.

Sam, selling some positions at 2pm seem like a good plan for today

My original outlook for today was a low at 4pm,
that still might work out as well as open tomrrow

Futures have backed off higher levels earlier this am

Media says that WALL ST liked Mondays sell off and referred to the mkt as having tanked,
but I get The impression, they THINK its just a temporary dip,
and are expecting higher levels quickly

my conjecture?
A contrarian would say that As long as the gen public thinks that way, its still safe to be short- hmmm

more later
Jay

AUG 17th to 26th

"B" wave HAS BEGUN as previously posted a few times

Jay

UPDATE

Check out the OBV on the chart above

10day- 15 mn chart

Friday's low was at 90bars @ 11;30

Monday
150 bars @ 10am
180bars @ 12;30
204bars @ 2;30

Tuesday
228b@ 10am
258b @ 1:30
30b@ 4pm-- A LOW POINT

Expect Wed to OPEN strong, BUT AVOID the temptation to spend

more later
Jay

TODAY's CHART

5 day- 5min chart
power index & propens appear to go higher after a lower open
but power index drops after mid day
propens no complete yet for tomrrow


OBV lacking against the higher price levels

Ravi
The decline looks like 5waves in a CHANNEL
but the rally looks ragged like an a-b-c x a-b- (( c still finishing))

Coy- TYX tracked equities until last hour
TYX dropped but stocks rebounded after 3:30

from an Astro site - POWERFUL CHANGES Aug 15th to 23rd

2pm LOW on 6th + 6 days x 6.5 hrs = 39 hours to Aug14th at 2pm
low to high

1;15 pm low on 11th + 13 hrs got today high at 1012.74 @ 1;10pm

Aug 6th to Aug 26th = 91 hrs = 14 days
39 hrs to Aug 14th as above + 52 hrs to Aug 26 @ 2pm

Aug 20th = 65 hrs from Aug 6th @ 2pm (( 39 + 26 ))
Aug 20 = 26 hrs from 14th at 2pm

When it hits, there will be regrets on Monday Aug17th
Aug 18th & 19th, 2008 dow was off 311 pts
Aug 13 to 16 , 2007 dow fell 724 pts intraday low at 1pm on 16th.

more later
Jay






Jay

COMPARE to 1930 ??

IMO, the reason this chart has VALUE RIGHT NOW
is because 120 tr days from MARCH 6th takes us to August26th

I have proposed the following wave b4 and here it is again

correction phase as of Aug7th high at 1018 at 1;15pm
got to 992.76 at 1;15 on the 11th
rebounded to 1012.78 at 3pm on the 12th
Futures this AM were up to 1012 again, but have dropped off after 8:30
but still holding at 1009 & Activity index holding at 166

IMO, We are in wave 1 & 2 of CORRECTIVE wave "a"
wave 3 of "a" should start tomrrow or Monday at the latest and end on the 20th
astro for tomrrow hits the high notes at 2pm, and the high energy should wane right after
WAVE 4 of "a" hits for a rally on the 21st and most especially the 24th
THE ENERGY changes dramatically on the 25th and makes the 120 day low on the 26th
for the low of a corrective wave.

more later
Jay

Current graph

A solid drop UNDER 990 is very negative
and very imminent

ARAK might have his way today with a HOLD till 2;15pm

however, we have
78.6% of 13day at noon LOW

180bars at 10:30
204bars @ 12;30
228bars at 2;30

Thsday
252 bars at 10am
or 258 bars at 10;30
Im expecting a Strong rally Thsday,
It might be delayed until after the open, but dont bet on it.

Today has a fibo convergence 55-11-81 tr dys

PROPENS index seem to confirm what ARAK posted, UP most of the day till fed hour

more later
Jay

WHERE ARE WE NOW ?

FROM spx 1018 high at 1;15pm on Friday
IT looks to me
WV 1 low to Monday open at 1005 followed quickly by wave 2 high at 1009
then wave i @ 1001 & ii @1006 of Wave 3 NOW in progress @ 995 near 11am
EXPECTING wave v of 3 to make a low on Friday at 10 to 10;30am
This could actually make the LOW of WAVE {1}
Wv {2} happens quickly late Friday
Monday then starts WAVE 3 of 3, and it ends on the 20th
wave 4 high on 24th which sets up the 5thwave next to the 26th LOW
that is the Possible Elliott wave layout for the "B"wave

HOW low is low will be determined by the low of wave 1 multiplied by a fibo factor
which could be TYPICALLY 1.618 or 2.618 multiple

Jay

TOP of the "A" WAVE

It would appear to some of us that we are getting near the top of the "A" wave
but we have written that several times in the last couple months
what makes it so different this time?

Today we are at 110 tr days from March 6th and tomrrow 110 days from March 9th
the 19th is 28 tr days from July7th low & 81 tr days from April 20 low
& next week an astro grouping that has very negative notations

As indicated by the BAR cycle, the day TODAY starts off DOWN till 10am
sorry Coy, that one was upside down

Whats Next
A low close on the 12th
A strong OPEN on the 13th and HOD at about 2pm
Friday = a lower open ,but higher close

BEARS take NOTE
there are very few times that it will be beneficial to be short
NEXT week is one of those times
WE may NOW be getting into the ILLUSIVE "B" wave
Readings for next week
17th= Confusion & impaired judgment
18th = Tension - recklessness- explosive actions- caution in travel
19th = restrictions- caution with $-
20th = cloudy vision - upsets - sever surprises

The WAVE now unfolding should look like
Low on 12th
high on 14th
low on 19th-20th
high on24th
low on 26th

more later
Jay

WHATS NEXT ?

thanks for posting some REALLY good info
Ravi, PK, And some new names- Don Harold, & Don D
UK trader - good Astro updates

Ravi - we should conference - send me an email

Spx hit 1018 which is exactly a 1/2 murry math cycle from 1002 to 1032

My volume and A/D internal technical numbers have been dropping all last week,
and should show up in lower price levels next week

PLEASE do NOT ASK ME HOW LOW -
I will not allow you to set me up for a reprimand
because you told us the mkt would be at $ on a date, and it didnt happen that way
I get enuf of that at home[gg]

As previously posted --Aug 10th shows best chance for SELL OFF to start
Power index & Propens index BOTH AGREE on a decline
And it looks like a LOW Friday Am & this should lead to a higher close on the 14th,
but it should be a lot lower than Aug7th.

UK is right about the 14th Sun 180 Jupiter and it has a POSITIVE effect

Heres my outlook this week
Mon & tues lower
Wed = flat & expect a snails pace day
Ths = higher till about 2pm, then lower at close
Fri = lower open, then higher at close

Jay

crash possible 17 to 21st

shorts get ready

shorts get ready