IM out and will NOW enjoy the pool
that was a 25% gain from the purchase last week
Im still holding my GOLD puts on the GLD which are also UP 20%
the BIG win today looks like the 120 bar cycle at 10am,
which appears may have hit a little early at the 9:45 hourly
at 10;30, the Activity index is still FLAT LINE AT .66, nearly the LOWEST value in the index.
which will have a tendency to keep the the mkt from accelerating higher until
that changes as it did LATE yesterday when it moved from 100 all day
to 166 later in the day and started to fall after 3;30, a little tooo late
the next bar cycle is 126b @ 10:30,
and
150B @ 12;30
180 @ 3pm
I dont expect those to be anything but brief dips off a rising trend today
My power & prop index still show a higher day and open higher
tomrrow in reverse of the last 2 days - THAT WILL BE MY NEXT OPP TO GET SHORT
rather than later today.
And NOW we see the result as the dow is UP 13.00 at 10:20
AStro also helped today
at 9:29
Moon 90 Uranus = reads -MOODS SHIFT
Tomrrow
there is a Moon 60 Sun at 10;19am thus confirming other data for an open rally
I certainly hope some of you caught on an did the same today.
Flash Fushion on Twitter
Pauline
Challo,
Coy
astro8
etc,
Guys = please network for me and bring over some more players to register as a follower
I really need to know that this is working for you as a group.
Thanks
&
More Later
Jay
Working? this is AMAZING!!! I am doing very well, THANKS TO YOU MY FRIEND. Keep up the good work, As I for one greatly appreciate it very much.
ReplyDeletePauline
Now thats exatly what I like to hear
ReplyDeletethanks
Pauline
the best of this downtrend is yet to come
Wed into Thursday
then
Monday/Tues next week
Jay
GET READY for the SAME tomrrow
ReplyDeleteUp open
Down till probably 11am
REcovery till 3pm
this is the POINT OF NO RETURN
AHah - now it changes and the BERAS come out to PLAY
According to my indexes a HIGH Tomrrow mid to late day, using the hourly cycle, we can expect a final HIGH at 3pm
THEN the last hour should sell off and lead into the 30th all day which has a 90 bar cycle hit at 4pm, and that could possibly roll over to Friday's open but more about that later.
The way to tell is this:
IF thsday ends on a strong DOWN note, then Friday will OPEN higher
OR
If thsday ends with a whimper , then Friday will open lower
Power index shows a higher open, retreat and higher finish, but im not convinced of that yet and its too early to get a solid reading
GOLD in FREE FALL - GLD puts are BIG $$ maker
more later
Jay
Jay, thank you for your insights. Clearly, a combination of TA and being able to gauge sentiment through environmental influences is important.
ReplyDeleteOn tuesday April 21st, you were all warned about the BULLISHNESS of this market in those 62 comments posted. Now you see who is right and who is wrong. Da bears are being gamed by us bulls but we warned you in advance so please no tears.
ReplyDeleteattaboy
Jay:
ReplyDeleteYou have been right about the up move today. The problem is that SPX and DJI both made new intraday high invalidating the completion of ending diagonal triangle on March 17.
Do you still see sell off starting this afternoon?
ravi
Here it goes.....Sell - Off, in the last hour.
ReplyDeleteI see the fall coming now, and you had called it well before, N I C E call Jay, KEEP IT UP, GOOD WORK!
3;15pm
ReplyDeleteRemember Tim McCarthy's chart.
It showed Apri29th as a high followed by a dip to 5/4 which still should be a valid scenario.
Power index still shows tomorrow off all day, but we have to see what the propensity index does later today. I need to see a concensus of data to confirm a down move.
At 2 pm the Activity index took a DIVE from 166 down to 100 and holding flat
Dynamic Index is in FULL retreat from a high of 375 an hour ago to
350 at 2;45pm
3pm is usually the TURN point of the day
Since they didnt tank earlier in the day, that becomes the critical hour.
3pm just happens to be a 258 bar cycle hit and occasionally but
not very often it becomes a TURN
point DOWN.
I mentioned this b4, there is a 90 bar cycle hit at 4pm tomorrow, which indicates Friday morning should open higher
After this next low we still have May18th as a potential peak of the entire recovery from March 9th. and it should carry the spx over 900.
more later
Jay
4pm
ReplyDeleteTHE HARDEST THING A TRADER HAS TO LEARN
HOW TO WAIT
Yes Pauline - My original scenario was EXACTLY correct
Also requires patience & obviously ,I dont have enuf of it
ACTIVITY INDEX dropped from 2pm at 266 down to 66 at the close, and ONCE again we see how that effects stock prices
Power index hit a high @ 450 today and tomrrow drops to 325
IT opens friday a little higher at 350 in addition to the 90 bar count at 4pm PLUS a moon 120 mars at 8:45 AM ,leads me to look for an open rally Friday AM
Its very short lived and a 150 bar cycle at 2:30 or 156 @ 3pm along with the hourly at 3pm could offer the LOD
That same power index jumps up to 450 at the close, so you now get a picture of what to expect.
2:45 was the HOD on Tuesday and SAME today with 258 bars at 3pm
offering very RARE turn lower, but it did occur at the hourly 3pm turn
more later
Jay
and Yes the more the number of comments the more bullish we should be-
PLEASE REMIND me of that little hidden gem
thanks
Futures are swinging up tonight we need them to turn around
ReplyDeleteFutures are up because Japan is up almost 4% - which is a lot.
ReplyDeleteIt is surprising that the futures are not up more.
Bullish percent is not cooperating with this week's rally. NDX also just hit its 200dma today. That's probably good enough for at least a short term pullback.
ReplyDeleteptg