Same as indicated by power index
slow start - rally till about 2pm, and lower close with strong open on 14th
activity index is mildly strong today at 200 at 8am and was at 300 earlier
I hope these illustrations help gain some daily perspective as the are available a day in advance
but only 80% complete. NOW as you can see in the AM, we have 100% for today
and part of tomrrow.
more later
Jay
Thanks a lot Jay! Helps with figuring out when to enter and exit positions. Another useful resource is Francis Bussiere's cycles charts:
ReplyDeletehttp://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID26831&cmd=show[s145000894]&disp=O
The smaller slope usually shows when the cycles are turning up or down.
I'm buying shorts again
ReplyDeleteptg
100% position short @1139 cash
ReplyDeleteptg
Sold all shorts for 4 point gain!
ReplyDeleteyeah baby!
will reshort higher
ptg
good trade ptg
ReplyDeleteadded to shorts at 1135.25 think we may test yesterday lows...might break
ReplyDeleteOkay I'm LONG 100% position here.
ReplyDelete1133 cash
ptg
PTG, u are rolling
ReplyDeleteout of shorts at 1132 flat will go long around 11 or so
ReplyDeleteok long 1132.50
ReplyDeleteout of longs flat 1136
ReplyDeleteshrt a 1135. expext 1125 today ES ie
ReplyDeletetaking a 7 point profit @1140 cash for 11 total points so far.
ReplyDeleteBreaks higher than 1140 then rally is underway.
Under 1140 we go down
ptg
100% Long back on. Close stop.
ReplyDelete1139 cash
ptg
Great job ptg and rrman! I'm out of my calls for today. Thanks again Jay for the chart!
ReplyDeleteOut 2 point gain. Total 13 points
ReplyDelete@1141
ptg
50% Long back on @1142 again.
ReplyDelete3 point stop
ptg
small short at 1143.2, 1145.5 stop.long overall though till the 16th as stated.
ReplyDeleteI have Friday AM is higher than now, Thurs flat. Today's rally peeters out toward the close.
ReplyDeleteMy inputs: Al Larson's service, Helge http://www.cyclelt.com/INT-filer/INTRA_24883_image001.gif
and a private analyst.
tnx Jay, curt
short 1140.25
ReplyDeleteLooks like we're on our way to new highs
ReplyDeletemark
2 point profit for total 15 so far @1144 approx. cash
ReplyDeleteptg
Swanson interview on Market:
ReplyDeletehttp://www.wallstreetwindow.com/content/node/13623
bob
covering here for 0.5.
ReplyDeleteIf Jay's graph is right and we mildly correct into the close then Jan.22 here we come.
ReplyDeleteSally
covered shorts flat now 1138.75 no direction will wait until close to go long for overnight
ReplyDeleteI think we're in a wave 5 off yesterday's low.
ReplyDeleteSally
The way it's setting up is an explosive Gap up tomorrow, then a correction.
ReplyDeleteany opinions?
mark
Is that a bull flag in progress?
ReplyDeletex
rrman
ReplyDeletethis week. Bear monday, bull Thursday.
mortie
Botttom is boys!
ReplyDeleteLong 200% 1145 cash
ptg
simples
ReplyDeletewhere are you when I need you. It's RALLY TIME!!!
Yeahh Baby!
ptg
Any Dips now and I start adding Longs all the way up to 3-5x leveraged
ReplyDeleteptg
PTG
ReplyDeleteI am in too
REZA
ReplyDeleteAwesome!
ptg
PTG are you long or short at close?
ReplyDeleteI think market is bullish thursd
just filled the gap on /es and spy
ReplyDeleteAnonymous
ReplyDeleteI am long period. I see a gapup coming. if I'm wrong, I will use opportunity to Buy more longs.
ptg
If I look at my intraday stuff. it all says overbought--"sell".
ReplyDeleteBut my larger timeframe stuff says a Bear-asss kicking is coming very soon.
ptg
There's goes the gap. Eaten up by the Bull.
ReplyDeleteptg
I took half my short position and took a 2 point profit for total of 17 points today.
ReplyDeleteThe other half rides in case I'm wrong tonight. Now I don't care and I buy more on the Dip
@1147 cash half out. Buy back on the dip.
ptg
short 1143
ReplyDeleteout of shorts back long 1141.75 will
ReplyDeletehold overnight
Think Jay's date of 21-22 for short will work grreat. 1158 or lower may be the top. Get ready for 20% correcftion
ReplyDeletesamamehta,
ReplyDeleteBoth Jay and Flashfusion agree. That's nice huh?
Sally