Whats NEXT ?
With all my updated comments, I still get that question
Whats NEXT ?
I thought I was clear, but what do I know?
Today's futures are opening LOWER as of 8:30
As PREVIOUSLY written
228bars did not hit at 4pm yesterday,
thus IT MUST HIT AT OPEN TODAY
which appears obvious from futures off 4.50 at 9am & was off 7.50 earlier
IMO, pivot today should be at noon @ 258bars and Merc 135 Jupiter
TODAY is an 8 day LOW & there is a mild neg lunar aspect as 4pm
___________________________
in addition
Another pivot at 10am tomrrow on 39 hrs cycle
I could be wrong, but I think this one will be the Low of the WEEK
Wed is an 8 day TURN, thus adding to the change in trend posture today
_____________________________
Another pivot at 11am to noon on Thsday
should lead to the anticipated RALLY of the week
higher close leading to a BURST on Friday am with the Employ # as a catalyst
More later,
Jay
Jay,
ReplyDelete"ISM--who cares"...LOL. Right on Jay! who cares about news. just alot of noise.
thanks
Wil
Well,
ReplyDeletesometimes a bear is just a bear.
just except it and try not to paint lipstick on it to make it look like a cheap bull.
hehe
kk
i agree with your analysis for this week jay.we're sat squat on the hourly trend line here around1014.delta is calling a low for the week either today or tomorrow,which tells me any sell off that happens this morning should be bought back up during the day to keep the daily line intact.im starting to think we have a fair way to go higher yet unless the bears really get aggressive today and we see a -30 dump,the weekly fibb bars should have capped the rally last week,but for all the huffing and puffing we're still in trend-up mode.
ReplyDeleteBOTTOM LINE
ReplyDeleteIf SPX rolls over down before 1030 then say bye bye.
Tom
So, did you short this morning or buy the dip? I bought the dip huge at the open...it was a nice gift from the market. So much for futures down huge...lol
ReplyDeletepg
If you're not positioned correctly here, you could be in for alot of pain.
ReplyDeletepg
Sold all my longs from 1016 yesterday and this morning's gift. Caught over 9 point move...enough for me.
ReplyDeletepg
I disappeared for a while from the blogosphere and it greatly improved my trading to where it was. Amazing what a little focus and lack of noise will do for trading. Bears and top callers seem awfully quiet today...lol Good luck!
ReplyDeletepg
serious gap filling mission.time for a small pullback....
ReplyDeletelol lol
ReplyDeleteThis is why I sold when I did at 1026...who needs this added stress...lol Now the question is was this real buying or just a retrace b4 heading further down? See ya next time.
ReplyDeletepg
lol lol lol
ReplyDeleteGood work PG
ReplyDeletewe could all learn from your trading
thanks
Jay
Next big pivot should be tomrrow AM
39 hrs cycle at open -10am
VC stopped out at 40.10 from
ReplyDelete50 percent short QQQQ 39.95.
Now 50 percent long from 40.15.
Stop is 40.20.
bye bye bulls. i added a ton of shorts where pg sold his longs. When all is said and done I should have 30+ points profit.
ReplyDeletekk
acceleration coming asbout now!
ReplyDeletechrissy
Stopped out at 40.20 QQQQ from
ReplyDeletelong 40.15 for small profit.
Now flat and waiting for next VC signal.
thar she blows. massive profit on shorts already! wow!
ReplyDeletemore to come !
much much more.
my sell signals triggering all over the place.
kk
VC now short 100 percent QQQQ
ReplyDelete39.95. Stop is 40.10 and falling
trend is definately down until the last hour at least today,but having a scalp long at this level here at 1008.2
ReplyDeleteVC signal covered 50 percent short
ReplyDeleteQQQQ at 39.70. Still 50 percent short
from 39.95. So far today VC is
-.15 on %50 short
+.05 on %50 long
+.25 on %50 short
Still %50 percent short from 39.95
and stop is now 39.93
I want a rally soon so I can add more shorts. Might not get just yet . Probably afternoon.
ReplyDeletekk
maybe I'll take a long trade here for shiits and gigges
lol
kk
HI kk
ReplyDeleteGOOD DEAL
were all in the green now
After8
I know youve been reading, so You must acknowledge the 39HOUR cycle PIVOT LOW which is NOw becoming more accentuated for tomorrow at 10am
kk -Noon today is 258bars & a 135 astro- SHOULD BE todays pivot low with a high due between 2 and 3pm
And yes they should sell off at close, but 10am tomrrow still has better chance of LOW of WEEK
Another SHORT opp should also come at about 3:30 TOMRROW, leading top the 13day cycle pivot on Thsday between 11am & noon
THEN WE GET THE BIG rebound to FRIDAY am after the EMPLOY HYPE
Jay
VC stop now 39.85 QQQQ
ReplyDeletefrom short 39.95 locking
in another profit.
thankyou Jay
ReplyDeletefor the update.
kk
OK,
ReplyDeleteSold those shorts at NOON
Dow off 165, then it jumped to -145
Activity index holding at 100
I would LIKE to Re Short at 2 to 3pm today, and catch the next pviot as described
SPX got to 1001.71
Whats that telling US NOW?
MY math model had 1001.67 at a 62% loss of the previous gains
Whats NEXT ?
78.6% = 991.55
100% = 978.51
IMO, THIS FRIDAY'S OPEN SUCKER RALLY on the EMPLOYMENT Hype
will be ONE HELL OF A SHORT OPP
Jay
yep reading and taking on board jay,just mentioning down until last hour at least because a certain component i use in my own system has flashed up "trend day".last long trade was just a vultures scalp trade with a very tight stop,mainly positioned short.no problemo!
ReplyDeleteJay,
ReplyDeleteIn other words we close shorts on Thursday at close and long for Friday. Then switch to shorts after close.
Thanks
bottoming in process ...
ReplyDeleteno trigger yet....
target for upside ST rally
1012 approx.
waiting...
to buy....
kk
REZA
ReplyDeleteYour NOT READING the BLOG
Please review
PIVOT LOW thursday at 11am to noon
Rally INTO close and OPEN FRIDAY till maybe 10am,
THEN THE HYPE is OVER and they sell off till SPT9th AT OPEN
Hope thats clear
Jay
HI kk
ReplyDeleteNow that were in CASH, and lokoing for another short opp, it probably wont be easy
WHAT DO YOU CONSIDER A TRIGGER?
SPX 1012, never make it now
1pm HOURLY turns DOWN
Next bar cycle is 30b@ 2;30
that MIGHT be a short term low, but we will have to see what happens after
The FINANCIAL stocks are BUSTED
ALL 30 dow stocks DOWN
spx 998.48 low
991.55 is next fibo level.
HERE comes 978- maybe tomrrow AM
HIGH HOPES AIG getting pumelled
looks like jack & jill
Jay
Chrissy
ReplyDeleteYOUR acceleration was RIGHT ON THE MARK
Speak up more often
thanks
Jay
looks like Mahoney got it right on the direction, its not a crash so far, but the widest range of a down day sinve july.
ReplyDeleteThere's a high hit about 14:30 that I don't think will amount to much, basically a stall to the downside.
ReplyDeleteAdditionally, a low is coming in late in the day around 15:12-15:30 of which I think there will be an downside acceleration into, followed by an up move into the close.
Coy
Jay's right
ReplyDelete1012 target maybe too much to ask.
shrinks with time elapsed anyway.
gotta concentrate now on scalp.
bigger size , quicker exit for maximum gain.
kk
Coy
ReplyDelete2pm was a minor high
1003.16
2:30 was a minor low
1000.86
3pm right now at 1001.49
might turn up a little to 3:30
IF up at or near 1003-1005,
I am re shorting
power index shows lower at close and lower tomrrow open= 39 hr cycle at 10am
Jay
BEAR FLAG off the LOD.
ReplyDeleteMark
added more shorts .
ReplyDeletetarget tomorrow of 988
kk
OK, kk
ReplyDeleteI re-shorted at 3;30 & now profitable
COy
astro did not agree with UP close
A buy off the 10am might be considered; power index closes higher on 9/2
Jay
Jay,
ReplyDeleteToday we were hummmmmmmming.
Need a beer now.
see ya tomorrow.
kk
Still Short 50 percent QQQQ from
ReplyDelete39.95. Stop is now 39.75 locking in
another .20 profit. One QQQQ point=
.25 cent ES move.
the June/July downmove was about 36 days approx 6 up then 6 down then 6 up
ReplyDeletea month total rather than 36 days the up and down days are the same
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteSince we did a three after a series of one, two,one, two of different order; once the three is over this AM, we should get four up five down twice, before starting the rally in higher order second wave.
ReplyDeleteThat can be consistent with Jay's call for a Thursday bottom and a rally into Friday to add shorts to.
Assuming we botttom around 985 or so , the retrace fib would be 1006-1012-1018 area. The resistance at 1016.2 and 1014.62, limits that to 1006-1012
Jay, what is you opinion on gold with the rise today. Buy, Hold, Sell?
ReplyDeleteHB