Weve had days where the mkt falls 200 pts by 10am and stays all day till last 30 minutes and many other waves.
If my Elliott is correct, we will see wave 3 hit at open and finish 5 waves down between 10& 10;30
afterward, it can float higher as the rebound wave takes over, and no way to see how it will close out.
There might even be a lower open tomrrow also even tho it should close higher
just looking at possibilities
Monday should be lower with the high on WED leading to a very severe sell off on 27th which is a 1/2 day and 30th, thus turning on Dec1st at the full moon CIT
the 10 - 10:30 low mabe for the day based on the way futures are rallying this mornoing. Looks like alot of buyers trying to get a jump head start for tomorrows high.
You may wonder why I don't call what looks like tops and bottoms during the day. I can't. I follow what I think are prominent cycles derived from 40 years of data.
Futures this AM are very negative as is Europe
26 comments:
Hi there Jay,
Is the 2:30 close higher or lowest of day?
thankyou
jenkins
HI Jenkins
That is a good question
Should be lower but might not
No way for my crystal ball to tell
Weve had days where the mkt falls
200 pts by 10am and stays all day till last 30 minutes and many other waves.
If my Elliott is correct, we will see wave 3 hit at open and finish 5 waves down between 10& 10;30
afterward, it can float higher as the rebound wave takes over, and no way to see how it will close out.
There might even be a lower open tomrrow also even tho it should close higher
just looking at possibilities
Monday should be lower with the high on WED leading to a very severe sell off on 27th which is a 1/2 day and 30th, thus turning on Dec1st at the full moon CIT
Jay
much obliged
jenkins
jay
the 10 - 10:30 low mabe for the day based on the way futures are rallying this mornoing. Looks like alot of buyers trying to get a jump head start for tomorrows high.
mark
Look at Gold this morning going for the new high rally straightway.
m
Who was it that was looking for 1121 lol Ew'vers are too funny. Bet alot of blog followers got caught today
out of shorts long at 1089.75 for a scalp
well if tomorrow's a high it won't be a higher high. The 20 day cycle is officially in motion downwards.
jim
/es 1095/97 target on this pop
back short 1088 that was weak on the pop 1084 target
Had to wait and see if I was inverted or not.
High 11:25
Low 14:20
High 14:50
Closing down, of course.
Make that 14:50 High, 14:57 +/-
Aw, Forget it. Not working today.
a 2.00 - 2:30 low sounds good.
All I know is we gwt a pop into OPEX and then rollover mid-day and a BIG spike down late Friday or Monday at open.
steveo
bottom could be in already,
bob
If 13:06 is peaking rather than dipping, my times are inverted.
Looks like Jay's bottom is in and we're opex bound.
sally
The dip and rise into 13:06 was expected if my times are inverted, today.
You may wonder why I don't call what looks like tops and bottoms during the day. I can't. I follow what I think are prominent cycles derived from 40 years of data.
seems to be trending up now.
I think Jay is right about higher into tomorrow.
we need to throw some bears off the train.
simeon
http://www.marketoracle.co.uk/images/2009/Nov/stocks-14-9.gif
Next new moon Dec 2 .
The test cycle was inverted, my call wasn't. The only confusion was in my head. Sorry.
Any updates Jay
Thanks
I went short at the close BIGTIME.
y
Dell A/H smacked
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