On Helge's webpage, there is a set of numbers which is what he uses to plot the chart. As per the numbers, the slide is on Wed or after Tue's close.
I'm going by big block buys in ES towards the close. >80% chance we gap up instead of down. Even in the worst conditions, the big block buys opened flat rather than down. My guess is ES 1092-1093 is a possibility either by open or say 10AM tomorrow. ES 1092 to 1066 is about 26 points. If they manage to ramp this tomorrow, ES 1101 or 1108 are also possibilities.
Sam I think we will see 20 pts maybe 25 come off before morning i doubt it gets much more than that this is a controlled down to get a run to get thru 1085/86 I don't think they will let it get out of control thats why it will be after hours to run the stops when the big sellers are asleep and can't keep the momentum going down...
Guys ... I have been having 80% success rate with gap calls over the last 40 days since I figured out ES action as a lead indicator. If anyone is interested, I'll try posting an update here for those who trade ES.
------------------------------open -------------------------close
Jay, I agree. this could be the ROUGE WAVE DOWN. If we have completed A & B and we are in 3 of C. Lookout. Panic sell is not far away.
ReplyDeleteSome EW experts have possible counts that we could still be in A or B.
In all cases, next move is down
down no. up no.
1080, 1102-1115
1065 1112
1050 1120
1002 1120 -1150
take your pick or keep an eye on the mkt
7:02 PM
I see the correction. But the graph can't tell you amplitude.
ReplyDeleteWhat rogue wave?
Jay,
ReplyDeleteOn Helge's webpage, there is a set of numbers which is what he uses to plot the chart. As per the numbers, the slide is on Wed or after Tue's close.
I'm going by big block buys in ES towards the close. >80% chance we gap up instead of down. Even in the worst conditions, the big block buys opened flat rather than down. My guess is ES 1092-1093 is a possibility either by open or say 10AM tomorrow. ES 1092 to 1066 is about 26 points. If they manage to ramp this tomorrow, ES 1101 or 1108 are also possibilities.
hmmmmmm somethings up....
ReplyDeleteSam I think we will see 20 pts maybe 25 come off before morning i doubt it gets much more than that this is a controlled down to get a run to get thru 1085/86 I don't think they will let it get out of control thats why it will be after hours to run the stops when the big sellers are asleep and can't keep the momentum going down...
ReplyDeleteDang .. Looks like Helge corrected the numbers ... it matches the charts now.
ReplyDeleteArak - what do the numbers say now - very new to this, so not able to interpret Helge's site
ReplyDelete20-25 pts off by morning?
ReplyDeleteLOL
stop staring at your channel. Da bottom is in. Buy the dips.
ReplyDeleteuh huh it will be in a few hours for a few days
ReplyDeleterrman 20 points ou mean spx? i doubt, but wlcome
ReplyDeletethink we see 78-80 --bounce to 89-96, or 1106 then reverse to -1065
20 still plausible by md feb 17 fwiw
feb12 high
ReplyDeletefeb26 low
I MEANT 920 SPX BY MID FEB 17
ReplyDeletewow. looks like a GAP-UP in the morning.
ReplyDeleteIs anyone still following jay (who says down today)
ReplyDeletered dragon leo still long and expecting the big move down next week.
ReplyDeletehttp://timeandcycles.blogspot.com/
ReplyDeleteHas given 5th feb +/- 1 TD for a turn.
Fits with Jay's Call for today rouge down, tmrw LOW, 4th a TURN up.
Let's see how this plays out
Feb8 HIGH
ReplyDeletewill bw up this morning - the opposite of what jay says IMO
ReplyDeleterogue wave garbage, full sell signals issued after 80 handles come off the market, class A suckers selling the bottoms and buying the tops
ReplyDeletegap this morning above 8 sma triggered buy programs
http://www.flickr.com/photos/47091634@N04/4324776469/
jay, stand on your head and look at your charts, they might look more accurate then.
ReplyDeleterrman
ReplyDeletewhere's my e-mail blast.
LOL
:-)
ReplyDeleteI'm SHORT --intraday
ReplyDeletethese two charts were posted yesterday and as EYE see most people are letting their ego run the show and not their EYES
ReplyDeletehttp://www.flickr.com/photos/47091634@N04/4322812711/
http://www.flickr.com/photos/47091634@N04/4322812731/
need more info then those 2 charts provide.
ReplyDeleteyoure right but charts don't do justice.
Guys ... I have been having 80% success rate with gap calls over the last 40 days since I figured out ES action as a lead indicator. If anyone is interested, I'll try posting an update here for those who trade ES.
ReplyDeleteArak
ReplyDeleteThat will be great .
Thanks
thanks arak
ReplyDeleteARAK, please do.
ReplyDeleteSHORT
ReplyDeleteArak
ReplyDeletegood for you. I've already figured out the ES cycles so I can compare our results.
hgw
Gap down guys
ReplyDeletelooks like 1094 and 1092 are possibilities
ReplyDelete