Monday, June 29, 2009

Fred's Chart


HIS comment says
TARGET hs been HIT
that would have been the noon high at 927.50

June 19th high was 927.09
Ravi
didn't you post 927 as an absolute high that should not be exceeded ??

See my comments on previous post for updated scientific data.

Jay



11 comments:

  1. Anonymous12:42 PM

    FlashFusion

    DOW has 8405 as an attractor, not an absolute #; close on 6/30 will tell us a lot for QTR; I have 7/8,9 as an upswing, sorry


    tlc

    ReplyDelete
  2. got in short with stop at hi so far

    ravi

    ReplyDelete
  3. I have mentioned this several times

    The BULLISH trend will end on the 30th !!
    WHY? You ask, good question
    LUv those WHY's

    JUPITER 30 Uranus on JUNE30th
    at 9pm
    HOLDING The positive nature of buyers- they FEEL comfortable BUYING- in other words, there are more traders willing to buy than those who want to sell
    ALA demand & supply

    ITS A FEEL GOOD SCENARIO

    Well we all know what happens when the BULLS FEEL GOOD. and vic versa

    we get an opposite reaction especially when its accompanied by rough news, but there can be NO SUCH event until AFTER the ASPECT transits

    THEN everything CHANGES
    they call it a CIT

    There is a CHART out there used by Murrey math for auto reversal dates for 2009.
    June 26
    July 2
    Jul 9
    Jul 15
    Jul 21
    Jul 27
    Jul 31
    ______________________
    there is NO reference for direction
    BUT you can see the next important dates match my outlook quite well
    Ive got Jul1st instead of 2nd
    and we both have July9th & 15th

    Remember I posted July15th as
    the 248 tr days cycle Low to low and high to low going back 3 yers.

    We need to DISCUSS at some point, HOW LOW IS LOW ??

    We see how HIGH IS HIGH
    940 area and previous CLOSING June 12th high was spx946

    activity index has flattened out at 266 and is in a holding zone at 1pm and the mkt is holding also

    Jay

    POTENTIAL low
    666 to 956= aprox 300 pts
    X23.6% = 71 pts = 885. we been there b4
    X38.2% = 115 pts = 841
    X 50% = 150 pts = 806
    and som others are thinking 770
    area

    Jay

    ReplyDelete
  4. Flash has UPSWING on 7/9 BUT from What level??

    That MEANS 7/8 & 7/9 are LOWS

    AM I reading that right?

    Jay

    ReplyDelete
  5. ITS NOW a little after 1pm

    OBV is HEADING LOWER on the
    1 day/ 1min chart.
    MACD rolled over at 10;30am

    2day/ 1 min chart = Ditto

    5 day/ 5 min chart = Ditto
    & Ult osc is also on the decline

    Jay

    ReplyDelete
  6. 1:30 and the Activity is declining MORE

    Jay

    ReplyDelete
  7. Anonymous1:30 PM

    Jay: are you suggesting that activity is usually high at 1pm?

    jj

    ReplyDelete
  8. looks like we are still doing a 4th wave flag from today's low. So 5th wave up still out there before end of the day a new hi.

    ReplyDelete
  9. JJ
    Have you been reading my blog???????????????

    I have posted a thousand times

    HOURLY highs {{DAILY}} are usually FOUND
    occurring at or near
    11am
    1pm
    3pm

    Look at the charts and you will easily see this is CORRECT and anyone here can verify it

    Jay

    ReplyDelete
  10. Anonymous1:45 PM

    What timesdo hourly lows usually arrive at Jay?


    Mark

    ReplyDelete
  11. i was wrong. that flag broke the other way

    doing nothing

    ReplyDelete