A drop to spx 1000 by october 2nd
october 2nd is where the rubber meets the road
144 tr days March 9th - Hadiks 29/30 weeks
Hadiks **CLASSIC start of an interm correction** Spt 23rd
where is 30 weeks from today ? = LATE March as ive Already posted b4.
However, once spx 1000 is hit on october 2nd, we should get a SHARP uptrend to oct7th
BACK KISS on a receding trend line
That would be the REAL KISS OF DEATH, and they should sell off in very dramatic fashion
into the NEXT Cycle low on NOV 2nd.
PS
I will be REMOVING ALL OFFENSIVE comments
this forum is meant for the BENEFIT of traders who want somewhere to discuss the latest
market activity -
Personal offensive remarks are not appreciated by anyone
Jay
61 comments:
LETS GET DOWN TO BIZ
FINALLY- A CHANGE IN TREND
we got 5 waves DOWn from the HIGH at 2;30 to 3;15
Which means they should rebound some this morning at the open
& 180bars at 3;30 ran over to 4pm, thus a SHORT TERM rebound is overdue
DOW 9918=999=FINAL numerological#
SPX 1080= 9 Ditto
Same was seen at
14,130 adds to 9
1575 adds to 9
Todays activity index is at 100 at 9:30, but has been FLAT since midnite at 66
Propens makes a rebound from 2992 to 3002 early today, then plunges
to 2991 for tomrrows open
Power index also allows for some upward motion today as does the astro reading.
The power index takes a dive later as well
there are a NUMBER of ccyles converging at close or at tomrrow
open
258bars
39 hours from 17th high
55 days july10th lo to lo
moon 90 saturn at 10:16am
28days Aug17th lo to lo
Im thinking a 5 -3 -5 OVERALL
thru october 2nd
OCTOBER 2nd NOW replaces the BUY I had been considering for SPT 25th
however, the OPEn for SPT 25th if it follows the scheduled LOW could be bot for a one day trade
use your best judgement
Jay
which matches
Monday Sept.21 low is key pivot. Break that and trend is unequivocably down till 28th for now.
Cal
Bingo!
It was inevitable.
OK. I'm looking for a long scalp setup that lasts perhaps a day.
Cal
HI Cal;
that was 1057.46 and an easy break down today. and as i write this we are at 1056.36
the next level would be the next previous low on the 14th at 1042.57
then I think it looks like Spt 8th at 1021
followed by spt 2nd at 992
IF SPT 23 is the ACTUAL final PEAK of P2, then any rebound EARLY october should end as a BACK KISS to the receding trend line
Jay
Probing Long. Small position.
1056 SPX
caL
Cal, Yuo might be able to get that SCALP tomrrow, but today seem to be locked into down mode- i could be wrong, but??
As I posted- several cycles hit at open tomrrow, and the propens index makes a lower low also.
IT has been on a DOWNSLOPE since the 21st
Jay
System is now 50 percent short from
qqqq 40.20 or spx
lol. stopped out. lol. that was for shhits and giggles. will keep trying. why not. My short profits from the 1073-1064 entry level are looking so bloody nice. Will hold those for sure.
Cal
CAl
one more thing yuo might consider TODAY
204bars HITS at 11am along with the DAILY HOURLY TURN
Any scalp might have a good shot at 11am.
right now they are crumbling
its 10;15am @ 1053.77 - forget about it- lower still
looks like the FIRST 5 waves will complete by TOMRROW morning at
1042 or lower to 1021?/
Jay
thanks Victor, thats GOOD TO KNOW
Jay
Jay.
Yeah I know. It's okay. It's paytime now.
thanks
Cal
"playtime now"
I try again. 1051 SPX
Cal
That's 42.20 not 40.20
sold 2000 SDS at 40.87. Will renter on bounce.
Jay,
Wasn't yesterday considered a 2close
reversal day by Hadik?? Which is
very bearish?
Victor
Hadik needs 1037.3 close on Friday for that
Jeff, Is that a weekly signal you are talking about?? I was referring
to a daily signal, which is ST bearish, but a WEEKLY signal is INT. term bearish.
Victor
he writes that DOw under 9600 by Friday would = 2 close reversal
Spt 23rd CLASSIC triangle ending
Exact reverse of march 9th
Jay
holding long
Cal
Hats off Jay ... you are right on target here.
i 1080.15 1076.93 -3.22
ii 1076.93 1078.14 1.21 -37.6%
iii 1078.14 1060.39 -17.75
iv 1060.39 1066.29 5.9 -50.0%
v 1066.29 1048.31 -17.98
(i) 1080.15 1048.31 -31.84
38.20% 1060.47 12.16
50% 1064.23 15.92
61.80% 1067.99 19.68
1043 is 20-day avg. RSI 14 should hit 50 at about that level if we hit it today/tomorrow. That should produce a bounce.
Correction iv rtrace was 33% not 50% as posted in error earlier
iv 1060.39 1066.29 5.9 -33.2%
Jay,
Just to clarify, in your ABC down pattern, you expect A to conclude this friday, B till September 30th and C till October 2nd?
Gary
Victor
Its the weekly signal for intermediate correction
wave (ii) rebound pretty weak so far
Ravi
not for long
Cal
Lunch time at GS. $TRIN
I am with you Cal. i am long now at 1051.
Acceleration up might be coming any moment now.
Cal
Cal,
What level are you long from??
Alternate to prior count posted:
i 1080.15 1060.39 -19.76
ii 1060.39 1066.29 5.9 29.9%
iii 1066.29 1048.31 -17.98 91.0%
iv ? 1048.31 1053.57 5.26 29.3%
v ? 1053.57 1037.21 -16.36 91.0%
SPX needs a kick in the azz.
Cal
Anonymous said...
"playtime now"
I try again. 1051 SPX
Cal
10:21 AM
A very bearish, less likely, count is (i) to 1060ish (ii) to 1066 ish, i to 1048, ii to 1053
and iii of 9 (iii) dead ahead.
I am stopped out cal. wait until 1040 for the bounce.
still short from 63.7,no real pullback on the cards for today i fancy so im holding short until at least the am.hope everybody who got burnt on the way up is grabbin some back here.i dont fancy this wave ending until the previous swing low around 1030,then wave 4 with a small 5 to go.
jay ,ive re labeled my delta count following yesterdays high,for the short term and the medium term correlates lovely with your early november low.hopefully this dodgy period is over and done for.
I am long at 1046.
Today is the first of six of those mysterious "liquidity days" that Zero Hedge reported on a few days back, where $30-35 billion will be freed up per week. Any thoughts
The move down from 1053.57 hi seems to be morphing into something like a ending diagonal v, without clear wedge shape. One lower low just below 1045.85 should complete this.
CAl - Anon - Sam
I realize I was WAY AHEAD of the GAME and Called the END of the UpTrend TOO SOON,
But that DOESNT rule OUT a PLAYABLE LOW TOMRROW at 10am as a SHORt TERM BUy good till PROBABLY 3pm.
Gary & others
I dont know how to clearly label the waves
BUT
I think its going to be LOW at open tomrrow = wve 3
high at 3pm wve 4
Further LOW Monday last hour
= 5 waves
Rebound on Tues and WEd AM = {B}
wave
Later on WEd and Friday Last hour or near to it 2;45 typically
for {C}
Thus we get the 5 down
3 up
5 down to october 2nd
Hell of a rally to OCT 7th, and this time ITS NOT GOING TO CHANGE
I was TOO early b4.
23rd
MIDNITE HIGH TIDE
EQUINOX
Feb day
ALL IN ONE
Jay
I'll start a new thread
taking my small profit now
Cal
that was the small long I had earlier.
nice pick sam at 1046
If a lower low tomorrow morning I will buy the morning panic flush and load up the truck heavily long.
If today was a bottom, I look for adding shorts early tomorrow for the next swan dive.
Cal
People,
PLEASE don't forget about QUARTER
end window dressing. May not happen
till Monday but it WILL happen.
Cal,
Way to go. Nice TRADING.
Victor
thanks man.
Jay
thanks for the update. That almost sounded like an apology. No need to. I'm here for opinion, not holding hands. right? I trade my system , same as you and the rest.
I'm accountable to myself.
Cal
I am out of long for 4 ppoint gain. got stopped out.
Cal this is confusing:
'If a lower low tomorrow morning I will buy the morning panic flush and load up the truck heavily long.
If today was a bottom, I look for adding shorts early tomorrow for the next swan dive.'
could you please elaborate little more. Thanks for your post.
hey jay, hell of a rally from 10/2 to 10/7
you think new high by 10/7?
thanks
aymon
I think this can go 1055 or even 1059 and then pull back to 1040. For Jay's buy call to happen tomorrow. If it crosses 1060-1062 then watch out 1100-1120 is written all over it.
I think I'll swap my faz for faz tommorrow morning Alex's chart says we go up next week I've ignored it at my peril before....
http://1.bp.blogspot.com/_Q9FmRy5wUIs/Srp-9q6Cf5I/AAAAAAAAA74/DyMhqVl10VQ/s1600-h/ES+Forecast+Both.bmp
AYMAN
Oct 7th
BACK KISS on RECEDING TREND LINE
KISS OF DEATH
Dont you read the blog and threads?
Jay
Here is Chris Carolan's Solar Lunar model it also shows a move up starting Monday up into Oct. 5th
http://carolan.org/wp-content/uploads/2009/09/090909solsum.gif
rrman, I did get that. Look at RIMM A/H
faz to fas i meant to say...Yeah Jay I read em and I'm going to be prepared to get out of my fas monday if need be.... ;-)
Wow your right about rimm.....I just have this feeling that the Fed is pumping the dollar during this G20 meeting to keep the heat off from the other countries while they are drinking and partying with them and then next week it makes a move back down (((shruggs)))
RRman
Those who follow lunar model are
"looney"....Forget about it. Just
follow the TREND. It IS your friend.
Peace RRman
Vs system still short QQQQ from 42.20
or spx 1056, 50 percent position.
First target 42.59.
First target 41.59 QQQQ not 42.59.
Sorry. Long Day.
We likely finished five waves at bottom today from top yesterday. The iv was confusing and the v was very small. A three wave correction should be the business tomorrow. I will be surprised to see a drop into a new low at 10 AM.
Out of short position with good profit. No position now.
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