THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Tuesday, September 22, 2009

abc X abc

X wave today
then next ABC to lower levels
1040 minimum
1000 maximum

Jay

27 comments:

Jay Strauss said...

Activity index rose from 100 at 5am to 266 at open--
now dropped to 166 at 10am, with a 30 to 60 minute lead time

power index shows steady drop today and decline tomrrow

propens index has yet to make a steep drop

Jay

Jay Strauss said...

Sam
The sentiment about October 10th to 16th will change 10 times till we get there

It will be most important the first week in Ocotber

Jay

Hank said...

Jay, for the record, you are expecting a substantial sell off tomorrow the 23rd??? And what is Jerry Rubenstein saying?? Thank You

Ravi said...

Yes it can be x wave before the next a, b, c down to complete 4 around 1040.

Some chance that it morphs into an ending diagonal to complete 5.

Jay Strauss said...

to my knowledge Jerry R has retired
has been Ill with heart problems, but did so well in 2008 that he is tending to his own health and not posting or trading

his twitter is blank
gurubinstein

Jay

Jay Strauss said...

Hank
Tomrrow is HEAVILY clustered with
negative aspects and should react violently with follow thru to the 55 tr days cycle on Friday.

Funny that Oct 1st & 2nd are also afflicted with numerous but less
critical aspects, but the 4th is a MAJOR CLUSTER & full moon
Which SHOULD act as a CATAPULT
the week after- thus the Oct8th calls for important highs.

Also oct 1st & 2nd are FIBO cycles and should be lows @ 216 tr days from Nov 20 & 233 Oct 27th
Plus 144 from March 9th

One would expect that convergence to offer lower lows than the fibo convergence on the 25th BUT Mercury which has been in RETRO since the 7th goes DIRECT on the 29th.

on the 17th merc was 11 out of 22 days in retro, and any effect of that retro has been delayed, but the Direct motion follows Yom Kippur and could be quite invigorating

Jay

Anonymous said...

SPX is indicating nothing but strenght today! Any correction near the close will lead to more strength tomorrow.

Something in your analysis has gone awry Jay.

oo

Hank said...

Jay, Thanks for the replies. So a big
sell-off tomorrow thru Thursday, correct?? Just so we are all on the same page. I'm going to short 100 percent sometime today before the close.

samamehta said...

Cal Vic what is your system saying here?

Ravi said...
This comment has been removed by the author.
Ravi said...

Possible Path:

A 1074.77 1057.46 -17.31
a 1057.46 1066.22 8.76
b 1066.22 1062.47 -3.75 -42.8% of a
c ? 1062.47 1073.81 11.34 129.5% of a
B ? 1057.46 1073.81 16.35 94.5% of A
C ? 1073.81 1045.80 -28.01 161.8% of A

Unknown said...

Sam,
The VC system is long from yesterday
@ 42.32 qqqq. The stop is rising and
is at 42.36. However, I did not take this trade, so I did not post it. Most people here seem to want
bearish trades. I will post when the system exits longs and goes short.
It won't be before 42.20 qqqq.

Anonymous said...

I don't know how long has the so-called Hank followed this blog. But do watch out. Trade according to your own system! Jay's prediction is no better than tossing a coin. If he gets correct, like a broken clock, he will brag: the market behaved just as I told you, bala bala bala. If he gets it wrong, he will say nothing or just say: of course, we can not get it all correct. So be adviced: be careful.

samamehta said...

Thanks Vic. I am trader. short or long. keep posting you and cal have been good. thanks

Unknown said...

Sam,
Your welcome.

Jay Strauss said...

I dont know why people like ANON bother to post anything here
they certainly dont OFFER anything to HELP traders

Members/ traders KNOW what to do.

And I do not cover up my wrongs

I just move on to the next cycle

which brings me up to date

Ive been looking for the 25th to be a buy and am still expecting the next 3days to sell off, but Thursday might just linger

USUALLY Yom Kippur (28th)is marked by very SLOW trading and the reading this trip calls for making progress prior to a better reading for Tuesday the 29th.

LAST YEAR was very unusual that it sold off so dramatically and ended down 678, then opened down another 700 pts next day but recovered much of that loss.

at this point I can say for sure that a HUGE 5 day rally is COMING.

whether its after the next cycle LOW, of Spt 25th or October 2nd cannot be determined yet.

Jay


however, IT might NOT be SUCH a HUGE buy opp as the MKT today is flirting with a new spx & dow high

which IMO, means the REAL correction and the effects of teh fibo cycles have not even begun

So, what AM i to think?

Im thinking that OCT1st & 2nd could actually turn in that low at spx 1000 ive been looking at.

Jay Strauss said...

00
thats what they said on Friday

BUt the MKT opened down 100 pts on monday

TOmrrow's OPEn SHOULD BE a HUGE gap DOWn and NO RECOVERY

Jay
Ideally I would like to see today close weak
COY
You got any times for today?

Ravi's Failed 5th and or Diagonal triangle ? MAYBE today

samamehta said...

If you llok at 5 min chart from 9:30 to noon it shows bearish wedge and it is broken. what do you think?

Jay Strauss said...

Sam
the UP 50 dow thrust open appears to be as a 3rd wave which was followed by a clear ABC THEN a higher high at 12;30.

which looks like it completed 5 waves to that point

NOW we need to see 5 waves LOWER rather than an ABC which might be hard to ID until tommorw.

& i dont know what you mean by broken?

Jay

Unknown said...

Jay,
Just a suggestion. Why not state your trades real time? Then no one
can dispute that your system works.

Jay Strauss said...

Victor
i have posted my trades many times
jay

Anonymous said...

http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=3&mn=2&dy=0&i=p20806734239&a=154422239&r=492

a Weekly chart of the SPX it would seem the move up cannot be sustained but hey the market does what it wants too and has. A move to 1035 area would be a test of the center tong of the green fork and a move even to 1K spx would still be inside the wedge and bulls would say that nothing is wrong and they might be right.......for now

Astro 8

Unknown said...

Jay Can you tell us your current trade? Short from what level. Than you.

Jay Strauss said...

victor
9/17 bot TZA at 11.62
it got to 11.98 and i should have dumped it but ----- didnt

Also bot some DJVVP @ 89cts

Waiting for expected correction

Jay

Jay Strauss said...

thanks astro 8
thats an excellent point


Jay

Reza said...

Jay and others,

We may be doing 3 peaks and a dome.

http://thepatternsite.com/3peaksdome.html

I think we are on number 21 and may be we are looking for number 22 tomorrow or day after. Any comments

rc said...

Market nearly always moves up into Fed announcements. I am looking for a high on 24th or 25th.

Ron