THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Thursday, May 22, 2008

May23= DOWN

I got very little out of those calls today

You can be sure Im buying puts at the open, and hopefully they will open slightly higher- the problem with that is a 204 bar count@ 9:45

Did anyone else notice this
Wed 21st
openned higher until 9:45 THEN hit a low @ 2;15 = 102 bars

Today openned lower until 9:45 THEn hit a low @ 2:15 = 180 bars

GUESS WHAT
204 bars @9:45 AGAIN
259 bars hits at 2;15/2:30 AGAIN

Amazing stuff
Tide is HIGH- thus stocks invert and make a LOW on the Bradley


Jaywiz index = .21- quite bearish
OEX PC ratio = .69 = very bearish
vix still at 18.05

A low tomrrow should setup a mid day high on Monday, but Im now looking at the 29th for that important low from which they can rebound back to spx 1440

Remember I mentioned the 40 pt spx moves
spx @ 1440 - 40 = 1400 - 40 = 1360----------That might be the 29th target.

Best for now
Jay

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