Make it JUNE30th at close 1. Jupiter 30 Uranus at night 2. 60 bars at OPEN on July1 st 3. POWER index drops from 500 on the close of 30th to 325 on open of July1st.
ChartsEdge has the better chart for this coming week than the others here, except that there is more of a decline on the 30th, but then up on Wed etc. We gap up on Monday and rally lasts a few hours before making shallow low on Tuesday and then up big Tuesday into Wednesday possibly making new highs.
Btw. I know JerryO too and he can be wrong and when he's wrong he's really wrong. Same goes for the guy doing murry math. Same goes for all you guys including COY who never seems to admit when his methods fail miserably. I noticed when Coy's numbers stink the joint out he disappears for a while hoping nobody noticed. Right Coy?
Right now there are so many Bears around that it's hard to breathe because of the dense stench in the air. Anyway boys, make sure you're not fighting the trend. Ms. Market alays has the last word and always makes the right call.
Your soooo right. Far too many bears out there for any meaningful decline. EOM trading into strong positions by lagging public mutual funds should accelerate gains Mon & Tues. I love reading Jay's blog and I appreciate his work, but many times he simply gets tooo bearish. Oh well, its Jay's blog so he is entitled to be bearish.
Hi Jay. Does anyone here have an opinion on the huge volume in the indexes last Friday? Check $compq, or $mid. Distribution or accumulation for a launch. It concerns me that we closed positive on such heavy volume. Thanks.
Fund managers are sprucing up their balance sheets for the quarter end — providing strong support for stocks until June 30th. Withdrawal of support thereafter would result in a significant correction across most major markets — testing earlier lows from March 2009. You may recall that a similar reversal occurred after the third quarter in 2007.
lots of attempts to support the BULL side in this group of comments, but please be more civil. no derogatory remarks- please. ******* WE want EVERYONE to participate in a Constructive way. ***********
You can find the right way to support your outlook or find another forum to air your complaints.
OK, NUF said ______________ Its 9am and so far the futures show NO GAP down open, AND neither does the PROPENS index BUT is does show a COLLAPSE later today what hour will turn lower?? GUESSING -Could be at 11 and or 1pm or possibly sooner.
What the propens index does show SO FAR is A DOWN TREND today should meet some GYRATIONS form 3 to 4pm, but should also open lower tomrrow BUT I dont have a picture of tomrrow yet, so more later Jay
As of NOON activity index has dropped from 333 high an hour ago, now at 266 at noon with an hour delay for stocks prices. Not much yet, but showing a little drop
940 is NEXT Murrey math resistance level IF hit, then YES-- RAVI's SELL is very strong at that level Jay
Change that JULY1st HIGh
ReplyDeleteMake it JUNE30th at close
1. Jupiter 30 Uranus at night
2. 60 bars at OPEN on July1 st
3. POWER index drops from 500 on the close of 30th to 325 on open of July1st.
Jay
My interest in tides? I wouldn't have missed the big up move March 9 if I had been paying attention to tides.
ReplyDeleteCoy’s Tide Work Update -
Looks like a down 4-day week, Mon & Tues sharply down.
Jun 28, 5.4 Sun
Jun 29, 5.1
Jun 30, 4.8
Jul 01, 4.6
Jul 02, 4.5
The following week looks flat Mon & Tues, then sharply down.
Jul 05, 4.6 Sun
Jul 06, 4.6
Jul 07, 4.6
Jul 08, 4.5
Jul 09, 4.3
Jul 10, 4.1
Week of July 12 looks flat on Mon, then sharply up.
Jul 12, 3.3 Sun
Jul 13, 3.3
Jul 14, 3.4
Jul 15, 3.6
Jul 16, 4.0
Jul 17, 4.5
Thanks Cory I really appreciate you posting that info!!
ReplyDeletehigh numbers mean market down and higher numbers market up right?
ReplyDeleterrman,
ReplyDeleteI posted, then read Jay's post. He has a high on the close of the 30th, so we'll just have to see.
You read my work by noting the amount of CHANGE between one day and the next.
Coy
ChartsEdge has the better chart for this coming week than the others here, except that there is more of a decline on the 30th, but then up on Wed etc. We gap up on Monday and rally lasts a few hours before making shallow low on Tuesday and then up big Tuesday into Wednesday possibly making new highs.
ReplyDeleteBtw. I know JerryO too and he can be wrong and when he's wrong he's really wrong. Same goes for the guy doing murry math. Same goes for all you guys including COY who never seems to admit when his methods fail miserably. I noticed when Coy's numbers stink the joint out he disappears for a while hoping nobody noticed. Right Coy?
tt
Right now there are so many Bears around that it's hard to breathe because of the dense stench in the air. Anyway boys, make sure you're not fighting the trend. Ms. Market alays has the last word and always makes the right call.
ReplyDeletett
tt:
ReplyDeleteYour soooo right. Far too many bears out there for any meaningful decline. EOM trading into strong positions by lagging public mutual funds should accelerate gains Mon & Tues. I love reading Jay's blog and I appreciate his work, but many times he simply gets tooo bearish. Oh well, its Jay's blog so he is entitled to be bearish.
jj
Propens Index Monday shows
ReplyDeleteDown - up - down
reading calls for serious day
Power index = dn-up-dn
Lows could occur at 2;30 to 3pm
end of day could recover some and lead to strong rally by days end on 30th- Flash keeps posting 8405
But he also agrees with me for 8th & 9th
Jay
Hi Jay. Does anyone here have an opinion on the huge volume in the indexes last Friday? Check $compq, or $mid. Distribution or accumulation for a launch. It concerns me that we closed positive on such heavy volume. Thanks.
ReplyDeletec
Thanks Jay for the update. i will ad shorts now on June 30
ReplyDeletesam
Fund managers are sprucing up their balance sheets for the quarter end — providing strong support for stocks until June 30th. Withdrawal of support thereafter would result in a significant correction across most major markets — testing earlier lows from March 2009. You may recall that a similar reversal occurred after the third quarter in 2007.
ReplyDeleteColin Twiggs
lots of attempts to support the
ReplyDeleteBULL side in this group of comments, but please be more civil.
no derogatory remarks- please.
*******
WE want EVERYONE to participate in a Constructive way.
***********
You can find the right way to support your outlook or find another forum to air your complaints.
OK, NUF said
______________
Its 9am and so far the futures show NO GAP down open,
AND
neither does the PROPENS index
BUT
is does show a COLLAPSE later today
what hour will turn lower??
GUESSING -Could be at 11 and or 1pm or possibly sooner.
What the propens index does show
SO FAR is A DOWN TREND today should meet some GYRATIONS form 3 to 4pm, but should also open lower tomrrow
BUT I dont have a picture of tomrrow yet, so more later
Jay
If you noticed about my main posting, I do tend to agree with Chts Edge about JULY with some minor differences
ReplyDeleteYOU noticed the LOW of July15th meets with the annual 250 tr day cycle for the past 3 years, BUT it DOES NOT have to be the LOW of the MONTH
BOTH FLash & I agree about the LOW ive proposed here
for JULY8th & open on the 9th.
then the 15th & even the 17th then could be a setback within the rally from july9th to July22nd
OR Yes they could be exactly what he pictures for the month of JULY
Like Ive said b4,
no matter what we project for the future, it never seem to work out exactly that way
Jay
Jay, where is Merlin's monthly July chart available?
ReplyDeleteOut of shorts at 10, since we ended a 5-3-3 corrective from Friday hi.
ReplyDeleteExpecting new hi. May be just slight
Ravi
New hi done with 1,2,3 working on 4 and then comes 5. hi at 924??
ReplyDeleteRavi
Hi in?
ReplyDeleteCurrencies seem poised to reverse
Euro should stay below 1.4079
935 hi possible, once we cross 927.09
ReplyDelete3rd actually finished above 927.09. 4th almost done and 5 to a new hi shortable
ReplyDeleteAs of NOON
ReplyDeleteactivity index has dropped from
333 high an hour ago, now at 266 at noon with an hour delay for stocks prices.
Not much yet, but showing a little drop
940 is NEXT Murrey math resistance
level
IF hit, then YES-- RAVI's SELL is very strong at that level
Jay
Will update if more accentuated
Jay