UNLESS SOME BUYING Comes in the next 2 hours, then they are going a lot lower1150- 120 = 1030- 40 = 990
TOO Extreme , you say, maybe so
SOOO, NOW we know what the market REALLY intended
I said yesterday the MARKET is SNEAKY and fooled everyone into thinking it was a RUNAWY.
Power index shows a STRONG really on FEB 8th regardless of those who
WARNED me of a potential CRASH next week
Even Flash had warned about a rogue wave next week, and AS I WROTE
MOST EVERYONE LIKES to PUT off the NEXT big move till sometime LATER ON
Very rarely do we get some one who keeps it in perspective
And most of everyone here tires to CATCh the falling knife hour by hour
SPX now at 1075, and I doubt that 1070 will hold
in that case we have 1050 next and 1030 as the 40 pt rule potential
1150- 40-40-40 =1030
Govt putting pressure on WALL ST - DUHH what great timing
and we all wonder WHY these things happen when they do.
A low close today could lead to a higher open tomrrow,
but the daily guidance for tomorrow is far from available to see what tomrrow would bring
Its possible the 258bar cycle at 11;30 tomroow coincides with that call for a noon LOW
meaning tomorrow instead of today, but thats only conjecture at the moment
Today's astro influence is Jupiter 150 pluto as previously mentioned = RESTRICTIONS
Hmm- guess that answers the question for GOVT interference
but it completes the aspect at 3am, and there is NO other influence till 7pm
on the half moon square at 7pm
SO we will see how the mkt behaves in regard to the above
Employment report might be a NON EVENT
thus the sell off should continue
Jay
18 comments:
LONG 1071
Jay
I appreciate your comments. Sour comments from some are because you are mixing too many technicals and OTHERS views into your own analysis. It is not a good idea. Just stick to a WEEK's work and it must be thoughtful, concise and clear and just do not post any more except a hint or two. Astrology can not work on day to day basis. It only works when we see slightly longer term.
Please do not waste your energy with useless comments from hourly scalpers or day traders.
Look at longer term and post your views clearly with days to come.
Astral
looking for 1.379 on eur/usd then back down
never mind a hint or two, I need more than that.
A hint or two, a bit of cold reading, flannel and vagueness is no good - I can get that on loads of other sites. :)
Good to see you've been working hard for us today jay : as I predicted ;)
kevin
LONG 1071
more falls tomorrow huh
if it goes up from this moment on currently 1071 we will know the stars have got it in for you.
Long 1071 here too - sorry jay but you really must try harder (just kidding) ;) Don't be despondent
thanks kevin, what I had mistakenly projected for Feb 1&2 is NOW coming in;
My Feb graph as in the past has had delays up to 5 days and making the adjusments mentally as well as physically is not an easey task
mental preparation comes before the printed formulation
Jay
ok back in long /dx 80 this pop is done..
astral,
I have to look at many views & technicals, even Elliott wave to prevemt missing something important
When we SEE an ELLIOTT wave PLUNGE, we cdan recognize it as a 3rd wave, and in this case, I posted Columbia's chart to augment what I wrote yesterday
I surmised that the REBOUND endned in a wave 2 FLAT which is inherentley a week formation
THUS WE SEE the results today in a market that is collapsing.
Jay
Rally target 1085 - 1090
now is time to catch bears napping
reversal soon
Jay
Is it also possible this is wave 5 low and previous friday was wave 3 low? Frank
ok nhere it is
good job on the chart jay Helge says after hours we get a nice pop then waterfall into the open with tomorrow
straight up all day long..
I'm trying to decide to get out of my /dx longs at close and short the pop afterhours or not ....
Dear Jay,
I'm delighted to post here - you are a great man - I satrted visiting your blog just recently and I must say I'm amaized to say the least.
Just a quick question here: is it possible for your cycle work to invert from time to time.
For instance if we rally hard tomorrow, does it mean that your path would invert for the rest of the month?
Thanks is advance and keep your terrific materials cominga
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