THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Tuesday, November 24, 2009

Support levels

Chart from Danerics public pages

Shows support levels on the SPX

Jay

6 comments:

Jay Strauss said...

Activity index at 2;30 has dropped from 333 to 233 with a 30 min delay

Jay

Jay Strauss said...

since the high hit at 10am Mlonday we can now see 6.5 hours later at 10:15am low= maybe wave a

b wave this afternoon at 3pm, and
c wave tomrrow at 10am @ 180 bars

just making suggestions about how the day should flow

Jay

Jay Strauss said...

Looks to me like 3pm started the
'c' wave which should end tomorrow at 10am

new home sales report tomrrow??

Jay

DJB said...

Jay,
Where do u see wave c ending in price tomorrow at 10 am?
thanks

Jay Strauss said...

Djamel
I dont answer that kind of question

I use TIME. not price

thats why I posted Danerics chart that has several FIBO price levels
to watch

Please Use the chart

and besides that, IT really matters NOT unless yuor scalping trades and bot short at 10am on Monday

the BIG $ on the short side is going to be on NOV 30/ Dec1st.

And as I have already written
the BEST short opp will occur on FRIDAY at the open.

more later
Jay

DJB said...

thanks Jay.