It would appear to some of us that we are getting near the top of the "A" wavebut we have written that several times in the last couple months
what makes it so different this time?
Today we are at 110 tr days from March 6th and tomrrow 110 days from March 9th
the 19th is 28 tr days from July7th low & 81 tr days from April 20 low
& next week an astro grouping that has very negative notations
As indicated by the BAR cycle, the day TODAY starts off DOWN till 10am
sorry Coy, that one was upside down
Whats Next
A low close on the 12th
A strong OPEN on the 13th and HOD at about 2pm
Friday = a lower open ,but higher close
BEARS take NOTE
there are very few times that it will be beneficial to be short
NEXT week is one of those times
WE may NOW be getting into the ILLUSIVE "B" wave
Readings for next week
17th= Confusion & impaired judgment
18th = Tension - recklessness- explosive actions- caution in travel
19th = restrictions- caution with $-
20th = cloudy vision - upsets - sever surprises
The WAVE now unfolding should look like
Low on 12th
high on 14th
low on 19th-20th
high on24th
low on 26th
more later
Jay
4 comments:
Great work Jay and all the other posters as well. You've attracted some good traders here too Jay. I hope more stop by.
Sally
Here is my last post from previous chain:
Blogger Ravi said...
Potential path for first down:
(a)
a 1018.00 1005.26 -12.74
b 1005.26 1010.12 4.86 38.1%
c 1010.12 1000.99 -9.13
(a) 1018.00 1000.99 -17.01
(b) 1000.99 1007.30 6.31 37.1%
(c) 1007.30 979.78 -27.52 1.618 of (a)
9:55 AM
There is an alternative more bearish count of 1,2,1,2 of differing degrees which will make the current drop the beginning of a three.
992.49 broken barely by .09. if it does not bounce back in a few minutes or goes down clearly below 992.49, 1018 top for A would be confirmed.
Confirmation point on DJI is 9208.95. The low so far was 8-9 points above that, so no break YET.
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