Chart FROM :: Coy Morphew -- Source to remain secretThis graph depicts 24 hours, 1600 hrs Tuesday to 1600 hrs Wednesday. The fall in positive energy immediately follows yesterday's close. Energy is negative before Tuesday Midnight and recovers to positive energy about noon, Eastern. The angle of recovery is parabolic and goes higher than yesterday's close.
Energy may or may not correlate to price, but is a major driver. The least that can be said is likely to open down, close up.
Your welcome to copy and post my autographed chart.
Coy
More later
Jay
26 comments:
It appears that our 2 graphs from DIFFERENT sources are showing the same picture
Jay
ok one chart shows 0930 and the other 1030 is this 1030 eastern?
rrman
We did not correlate exact timing
10;30 is a convergence of MY cycles
and should offer the AM low
I dont know IF Coy expects 9;30 to be the lod or not via his graph, but do allow some variances
Jay
Thanks Jay I appreciate it i was going to get out of my shorts at open and go long but think i may wait half an hour or so now...
rrman
on second look
his 9:30 designation shows the START of the day and 10:52 matches my 10;30-11am potential LOD
Jay
looks like 1132.5 is the target for /es
1050 in late Feb / March
Then onto 1250 / 1300
Simples
out of futures short at 1131.75 and went long same price sole tza 9.10 buying JO at 39.64 in IRA
Fins strong today
nice
looks like their going to bounce it at 1128
gap from hell for the dollar bears
GLD co-relationally gapped below controlling tl on the daily
close below 108.04 on a weekly and it will be a hard fall to 100.00
co-relational open/high for the $SPX
1/15/2010: open1147.72 high1147.77
1/20/2010: open/high1147.95 = 1147.14 or 1147.77
which sychs to my morning post about the DE chart from last monday/tuesday giving you the roadmap for today
$VIX declining tl around 20.16 on 60 min
I like FAS long here.
Ricky,
I am FAS long too. But worried about the Mass. Senate politics going on
$SPX co-relational low
1129 or 1111 printed right @ 11:11 est
Hello Reza,
Whatever is going down in Mass. is because both sides want it. More politcal theatre from our puppet government. No difference between 2 political parties except who gets the free hookers and booze. Otherwise just 2 wings of the same bird.
Ricky,
Its coming back to Uncle Ben's confirmation.
numb-ers for the $DJI
needs a close above 10,562.22 at 1:30 est or the algos will have a field day into the close
Americans must first admit we live under a dictatorship. A dictatorship of a single corrupt political system.
as long as our country and government are in debt...the lenders will dictate government policy.
Dear Members,
Markets are trading as predicted, at this stage we are too much concern about metals. If metals remain in weak trend on Thursday, then it is warning sign for metal investors. I won’t recommend any buying in gold, silver and base metals at any level. Next week newsletter will be most interesting one, If gold and silver remain weak on Thursday. This week newsletter we mentioned that low for gold would be $1098.80 and silver $17.23 but if they break this level or after tomorrows trend I will put new prices target.
Oil is trading weak and it will move toward low of $75.50.
Grains are trading weak and they looks great at this stage buy corn around $365. Buy corn.
This week dollar is trading as predicted, I am sure all my members are holding Dollar, we see huge up move. In this week newsletter we mentioned that dollar would touch high of 78.88, and we are very close to that level. If its break and remain up for the three hours then next target is $79.45.
We expected huge correction in stock market from Wednesday this week, and currently Dow is trading 190 point down. We expect nine percent fall in the next few days.
Need not to mention who the author is
LOL
nice one
FROM: pu gRIDIRON BLOG
http://pugridironsma.blogspot.com/
10:25am (CST): Well we got a break of 1130 this morning, as the SP-500 hit 1129.25. So far this move down is extremely strong and looks impulsive. It's becoming increasingly more likely that the intermediate top may be in at 1150.44 and this is a wave (1) down. The ironic thing about yesterday's strong impulse up to 1150.44 is that it did break to a new high above the wave 3 level of 1149.74, so technically this (5) of 5 of [5] of P1 could be complete. They only hope for a new high above 1150.44 is that drop today is the e-leg of 4 of [5] of P1 and it completed this morning. Thereforen now we are beginning wave (1) of 5 of [5] of P1 with a target to 1170 sometime next week.
lol Reza you have to love him I
"as predicted" is his favorite words!
rrman,
I wonder when he made the actual call, was it last year. As predicted
Yeah Reza i love reading his stuff thanks for posting on here
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