I really dont think we have found it yet;
Sure we are OVERSOLD, and can stay that way until the WAVE finishes its work
Lets look at the wave count
Got an "A" wave down to spx 1374 and DOW 12.050
Got a B wave REBOUND to 1437 and 12,481- Both little higher than FIBO
NOW we have really got to expect a "C" wave to at least the previous low or even lower.
Then the QUESTION is WHEN?
Yesterday marked 13 days and we stalled, but didnt bottom, maybe?
THE LOW of today HIT exactly at 2;30 and 60 bars- thats really incredible accuracy.
TOmoorw, we have a 90 bar hit at 10:30, and a symmetry cycle hit at 11:40.
Well we know that the 90 bar cycle has to be a low, thus the 11:40 has got to be a high and it should drop from there.
Then what about Monday? good question.
Monday is a full MOON and the magnetic energy is HIGH meaning a pressure day, and it continues into Tuesday until 150 bars at 10AM. There are also some accompanying negative influences as well.
TYPICALLY when we get a strong Monday DOWN we get spill over into a TYPICAL turn around Tuesday in thw first hour.
OK , Jay what happened to UP days on the first day of the new month ?
THE forecasted magnetic energy CHANGED this week- Got to realize those numbers that go out 45 days are only forecasts, and until we get much closer to the actual date, those values can change drastically . Even the Gravitational forces which peak tonight can have varying effects.
NOTHING is precise - excpet the market of course.
We mentioned the 4th and 5th as rough days, but also said they dont have the high pressure of the 2nd and 3rd, so even if the market lingers, there shouldnt be any more damage. Of course it becomes a really good place to get long and that hasnt changed.
Some one pointed out that DEBKA frequently prints exagerations, so an attack on Iran is probably highly unlikely- but the WORLD powers should keep up the pressure and cut off $$.
Best Wishes,
Jay
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