Consider the SCENARIO I have laid outagainst the above chart
Kenny used this chart to show where we might be at the moment
FROm where I stand it looks LIKE the X wave hit at 1091
that might mean wave a after the X might have hit this AM
BUT I dont think so
WE have 2 important CYCLES converging in NOV
first on NOV 2/3 IMO, and then on NOV 9/13 according to Hadik
THUS, I would overlay the MKT to hit wave a AFTER the X on NOV 2nd
then wave b which follows on NOV6th
leaving ONLY wave c -Y to occur on NOV 9-13
and IMO, its actually NOV 16th
ALSO What ALL that means is WE GET another
RUN to new 2009 HIGHS by DEC 17th - Which is WHERE we see JUPITER 0 Neptune
that represents the ULTIMATE illusion of POWER
BUT we really dont need to be concerned about Dec just yet.
its just to get some perspective on what level the
NOV 2nd and or 13th dates might settle out.
keep in mind a very simple RULE OF THUMB = SPX 40 pts = to dow 300 pts
Ive been recording this phenomena for quite some time now
From 666 to 1101 = 435 pts, nearly 440 which is 11 x 40
From Oct2 to Oct21 at 1101 = 81 pts
From 1101 to 1061 is Hmmmm = 40 pts
NOW we should probably be looking for this wave to correct
the WAVE from July8th at 870 to 1100 = 230 pts
the previous correction at that time was 6/11 to 7/10 and 86pts
________________________________________________
YOU CAN SEE HOW EVERY WAVE ADHERES closely to the 40 pt rule
& NEAR multiples of 40 So we should expect the same NOW
_____________________________________________
using FIBO we can determine those price levels
38% x 230 = 88
50% = 115
55% = 126
62% = 143
and so forth
So far we only see about half of 38% = 40 pts
1pm was 204bars and they are taking that out as I write
the next bar cycle is at 3pm
Jay
thanks Jay so up into close up thru around 10am tommorrow then back down...?
ReplyDeletecovered long and went short /es 1063.75
ReplyDeleteBuy the Dip tomorrow morning for the reversal for sure. All the right pieces look to be in place.
ReplyDeletemark
rrman
ReplyDeleteNot sure how you came to
that conclusion
Jaywiz cycles are low pivot points
thus 10am tomrrow should offer a pivot low, especially since weve had 2 days UP open
the MAIN low this week looks like
the 29th at 10;30 am, but any rally should still be sold until NOV 2nd
Jay
MARK
ReplyDeleteYEs, that looks like it should work
same for 29th
Jay
Jay,
ReplyDeleteyeah thanks. Maybe their won't be a dip but nevertheless a reversal rally is imminent, no doubt about it whether the low is in now or tomorrow morning early. I'm long and will add more tomorrow especially if it dips some more.
thanks Jay.
mark
sorry Jay I had it backwards stayed up all night playing the futes rumdum
ReplyDeleteCoy
ReplyDeleteAfternoon highs hit on the astro aspects at 2;20, & 3:11pm
The MAIN influence this week is SUN
90 Mars at 4am on 29th which should have a NEG effect the close on 28th and open on 29th
Jay
Coy
ReplyDeleteAfternoon highs hit on the astro aspects at 2;20, & 3:11pm
The MAIN influence this week is SUN
90 Mars at 4am on 29th which should have a NEG effect the close on 28th and open on 29th
Jay
out of my /es short from 1063.75 flat will get back short tonight the /dx is overbought and /es is oversold bet we see some pop tonight
ReplyDeleteThis stuff is all non-sence. Until
ReplyDeleteJay posts his trades REAL time, his methods are invalid. With ALL due respect Jay you need to post trades real time to prove your cycles etc. are profitable.
Hi all, well I was looking to go long till Nov 2nd. Market did not allow that of course and I exited at 11200 on TSX, Kept my OIL and AG stuff. I guess this week the Bear won and what I thought was a head fake wasnt... Still have some equity left in mrkt so that a small bounce occurs into early Nov.
ReplyDeleteAnyhow, Im no expert but lets see if the 50MA is support on the TSX. I believe this to be the case
Thanks
Joseph
Gap down!
ReplyDeleteatilla
Atilla,
ReplyDeleteWhat price should we exit? Is the pee pee indicator working well nowdays.
Sol
I sure hope the futures stay down so I can buy some cheaper shares when it opens. Looks like a rally today just like Jay and others were calling for.
ReplyDeleteSandy
Too tired. What I do see is an ED coming out of a triangle on the minis. Not sure if it is done or has one more leg down. So it could either complete before the open and SPX has seen the low or the cash index might do the often seen gap down and reverse. On one of these the open is time to get out of shorts. And no, it does not necessarily follow that SPX has a triangle.
ReplyDeleteGood luck!
Posted by Kenny at 5:43 AM
SOME ONE IS NOT FOLLOWING the THREAD
ReplyDeleteTODAY"S OPEN DOWN IS NOT THE END OF THE DECLINE !!!!!
Its just the begining
13day JAYWIZ cycle is on the 29th at 10:30am and thats where the BUY OPP is
Spx should plunge to 1040 area before finding a footing
YES a REBOUND on 29th after 10;30
should find the 30th high and another SHORTING OPP
Jay
well poo I was going to get out at 1053 but it ramped up before I could get out will hold now until 10am eastern and go long per Jays Dip call sounds good you've been right on Jay appreciate you!
ReplyDeleteadded to short /es at 1057 will go long at 10am eastern
ReplyDeleteFutures are creeping up BUT I want them to stay Down for accumulation. I don't like that Positive Divergence on the Futures 60m chart.
ReplyDeleteThey better let me in today before 10:00 or I'll be really PO'd.
Carl
Wednesday - Down Day.
ReplyDeleteHigh 09:42 - 09:50
Really into the lows 13:59, lower going into the close.
Low of the day could be 15:13.
Times are interpolated, could be off as much as 8 minutes.
Just for clarity -
ReplyDeleteMy post above does not say rally.
You'll recognize the change. Really into the lows, come 13:59.
out long went short 1052
ReplyDeleteoops i mean out short went long 1052
ReplyDeleteSUN 90 Mars works for me. Thanks, Jay
ReplyDeletebought fas for ira 73.33
ReplyDeleterrman, good trades
ReplyDeletereza
still in long was a little early but still looks good /dx stoches are at the top rolling over /es has been inverse of /dx target /es around 1070 maybe 1080 if we get lucky
ReplyDeleteGetting ready to cover.
ReplyDeleteCal, yes the Cal that was scaling in short 2 weeks ago and said the Mon. AM pop would rollover. So far up almost 50 SPX points.
The next 3 days might be key.
Over and out!!
wow Cal congrats!! I think since we went all the way down to 1044 support we prolly only get back up to 1057 today so I will look at going back short around that area this afternoon
ReplyDelete50 dema
ReplyDeleteis a good place to cover for a bounce.
Billy
Cal
ReplyDeletegood trade, u and me both. I don't know if anybody remembers my down,down,down post and my post that said I was praying for a raly so I could oad 10 truckloads of shorts. Yep that was me.
btw. which Cal are you? There's another one right? I haven't seen him post for awhile if you're not him. He's a real good trader too.
Billy
As long as the Oct 2 lows hold, there's nothing really bearish about SPX.
ReplyDeletejoey h
BOTTOM IS IN!!!!!!!!!!!!
ReplyDeletePLAY DIS RALLY!!!
LONG!!!!!
x
rrman
ReplyDeleteTHE TEND TODAY IS DOWN
1070 spx is NOT there today and as of tomrrow AM at 10:30, we should see at least 1037
Damn IBM is holding the dow up.
Im encouraged by the LOWER low AFTER 11am which = the 258bar cycle- In an UPTREND, that 258b would have triggered a PIVOT LOW
BUT this time it was merely a brief spurt, if that.
After 2:38, the MKT should descend more dramatically leading to a 60b low either at close or OPEN tomrrow
Ive seen this occur often when a bar cycle is on the CUSP and Im guessing it will hit on the OPEN to COINCIDE with the 13day JAYWIZ cycle at 10:30 AND a 39 HOUR cycle at 10:45 from the 1101 high on the 21st.
Jay
This comment has been removed by the author.
ReplyDeletetime to go long! 1050.3
ReplyDeletejay is right, we may see 1037 by tomorrow.
ReplyDeleteJAY is Wrong!
ReplyDeletex
X
ReplyDeleteI love you man
Keep it up, and NOW we will see who gets buried
DO YOU REALLY think they will TURN ON A DIME TODAY???!!!!
Duhh
wake up man
Jay
go to new thread