thanks Billy,
AS I LAST wrote
It may take 2 to 3 days to get to a short term low on the morning of June3rd.
heres the stats
June3rd at 10:30am =13 day cycle low
June3rd at 11am = 258 bar low
power index opens at 300
prop index declining phase from 3004 to as low at 2992
THUS
A low should occur on June3rd by 11am
but here is the conflict
June3rd is a BRADELY date and thus could close higher
power index jumps from open @ 300 to 450 @ closing
______________________________
4th seems to want to stand pat as the power index
opens at 450, slips to 400 & closes at 450
BUT
A more important low should then occur on friday @ 3:11 pm
Sun 90 saturn
204bars @ 3pm
Jay
Jay:
ReplyDeleteAmanita's Bradley chart looks like a rather significant turn down in early June then up again late June until Mid July then straight down for the rest of the year. This chart is looking creditable based on what it was forecasting over the last three months. Does this fit into your longer term forecast.
Thx
John
There are variations of his Bradley that are better
ReplyDeleteAnd natural energy does not agree with that Bradley either
Yes, June3rd is a key date and as mentioned looks like a low and high on the same day, but a turn LOWER looks right
BUT
DONT expect JUNE27th to be a LOW as SHOWN- it looks like a HIGH, and those Bradley dates are to be seen as TURNS, thus the 27th may not fit as a LOW
That brings me back to NATURAL ENERGY which appears more positive than negative nearing the EOM of June
And his graph does NOT show the interim Bradley dates of June14th & 18th which Ive posted several times.
Those dates are clustered closely thus offering huge changes within only a few days, and the 18th appears right after the harmonic hard energy cluster on the 17th.
its possible the 17th could offer an international event causing traders to cash in their profits,
including metals, but it matters not why it happens, only that it create a sell huge off within that short time slot.
Jay
yesterdays bars and hourly was very muted but still showed up on schedule
ReplyDelete90b @ 10am
126b @ 1pm & hourly
150b@ 3pm & hourly
Today's bars
180B @ 11am
204b@ 1pm
228B @ 3pm
each one on an hourly turn
more important
June3rd
258b@ 11am
13 day at 10;30
Bradley date high,& turn lower ?
Low should occur by 11am
more later
Jay
Jay -
ReplyDeleteTo be kind, your forecasts have really struggled over the past 2 months. Is this a very unusual period for you, or maybe my theory holds some value.
It seems like market timers are always looking at the bear side more than the bull side.
This, being a bullish move often catches market timers on the wrong side. Is this such an example?
Steve70
Steve,
ReplyDeleteAs traders we tend to be more on the bearish side, BUT NOT entirely
I did BUY calls ON Friday May 22nd
Just before the LONG wkend- And was rewarded with the a 200 pt gain on May 26th
And if you remember or not , I had a similar problem on May18th with a similar misread and the dow gained 200+ pts against me, but I bot more short and was well rewarded by weeks'end
NOW
I am doing the SAME Thing NOW, with a misread for June 1st, but have CUT my transactions costs in HALF, and NOW expecting a LOW on Friday June5th.
THEN
Expecting A rally on the 8th to 10th where
I WILL BE BUYING short postitions again on June10th to be closed out on June17th
On June18th, I will be BUYING calls at 200% of my portfolio if such is possible. to be sold EOM.
Jay
Good response Jay. No excuses, no b.s
ReplyDeletejust a good honest answer. Good for you. Carry on.
Thanks Jay
ReplyDeletesam
How is the activity index shaping up ? Jay do you see high close today? a good short entry? thanks
ReplyDeletesam
HI Sam
ReplyDeleteIts the POWER index that shows me the future, and it does SEEM to be back in sync.
We got a 10am HIGH when i added more shorts , and now trailing off
and according to the propens index should sell off at close today.
then tomrrow's LOW between 10;30 and 11am is the converging 258bar & 13 day cycles
BUT the power index jumps back up to 575 = a BLAST UPward from that low which FITS in with the 13day cycle PIVOT low and rally.
However, pwer indx then drops off to 300 by days end, yet to be confirmed by the propens index.
It would appear that we got a shot at a short term high this morning, and will get another one tomrrow- best guess between noon to 1pm
4th will most likely linger
at a steady level
and 5th is where the rubber meets
the road
take it from there Sam
Jay
Jay,
ReplyDeleteThanks for the Jaywiz half-time report.
Thanks jay
ReplyDeletesam