The market is CLOSED on Jan 2nd for Pres Ford memorial.
That means anything it was destined to do on the 2nd will now have to take place on the 3rd.
2 days for one.
The Wave count will not be denied
Still expecting a serious decline on 3rd and now most of 4th
259 bars is supposed to occur today at 1:30- which is right now as I write, and the dow is off about .50 cts and spx off 1.44.
In order to advance the bar count, it has to be valid for that time slot, or within an hour each way.
If it occurs NOW at 1:30, then we move the count forward to THURSDAY for 180 bars at 1:30pm, and According to Stan Harley its possible the low would occur at 204 bars which would be at 3:30
My guess as it stands right now is 3:30PM
but next Thursday is a long way off.
Best wishes for new year
Jay
No comments:
Post a Comment