Feb 28/29 = 55 trade days from the DEc 10th low
Also using a 1/2 cycle from Jan 22/23 = 27 trade days
March 5th = 55 trade days from the Dec17th high
the month of March
March 5th = a high
March 7th a Low gravitational low due this week
March 14th = a high = 55 trade days from Dec 31st a, high
April11th a MAJOR - MAJOR LOW
Jaywiz Index for Friday = .28, not very bullish, but certainly not the same as Thursday@.17
So far its been quite consistent within an 80% ratio
It augmented other tech readings such as:
5day arms @ 76.6, a sell Jumped Now to 116.8
5 day trin = 383, a sell jumped now to 584
10 day trin=877, a sell now to 1065
those readings are not screaming BUY signals,but have taken out the danger signs, or so it would seem
Best for now
Jay
Hi Jay,
ReplyDeleteI am in definite agreement with you on this upcoming week and April 11th. I do believe we are near semi-important CIT Mar 4/5th. Therefore I went long at the close and will to this tomorrow morning. April 11th is a very strong LOW. Buy with BOTH HANDS on April 11th. You going to be buying index calls on the 11th?
Kirk
Hi Jay,
ReplyDeleteI still read your take on the market everyday.
Wish I could give you something in return.
But I’m just a reader, not even a trader, just interested.
Perhaps though you want to take a look here:
http://www.wcamodel.biz/
I stumbled on this site about the time I discovered yours, a few weeks ago. And I do believe you have something in common.
Kind regards,
Peter.
Jay,
ReplyDeleteDec. 10 was a high and Dec 17 a low. You have it inverted in your text. I have Mar. 3/4 as a low, Mar 12 a high, and Mar 24 a low, FWIW.