-------surge After 4pm------open H----11;30L --2pmH ?--3;45pm L
The initial Surge shown on the graph is after hours today in other words- during the night
which should lead to a SURGE on the open - sparked by employ #s - if you must have a reason.
If the day closes at 1052, then the dow would = 9910
A 300 pt rebound on Monday = spx 1080 - 1085 and dow 10,200
we'll recalculate this over the wkend with actual results from Friday to see where the
fibo relationship could rebound to.
Coy's energy graph has just about the same thing for tomrrow,
but Im not sure about his close yet
MONDAY is POWERFUL UP.
My game plan is to short the open rally, and close out at 11:30, OR the close,
but 11:30 gives me time to think about & prepare for BUYING THE CLOSE
Jay
Well if we don't get our big ramp by midnight it aint going to happen..
ReplyDeleteIf there's a gap, fade it either way.
ReplyDeleteProbably a little pop, I'll re-short the partial cover I made Thurs PM.
I wouldn't be going long until SPX 1035, and maybe not until SPX 980.
hey dave welcome thanks for the info
ReplyDeleteTop was 11 january not more up after,ok.I am believe that friday is down maybe 1040 then monday and tuesday up to 1065 not more up in nevel.Before 22 february sp500 should are very near 900,lost this and then fast to 350.
ReplyDeleteRegards.
everybody in the world seems to think this is the "fabled" wave 3 down...its not. 1045 max down by monday,then off up to new highs.this is simply a great buying opportunity.
ReplyDeletebought 1055 es
ReplyDeleteout of /dx long 80.37 long /es 1053.50
ReplyDeletePlaying a bounce during a wave 3 is the way to get your head handed to you, so the way I go from here is to add short positions on every bounce. We could have completed a minuette wave 1 at today's low. Key resistance from here is 1070/1076. That is where I'll be adding to shorts if the market gets there.
ReplyDelete9 handle (960) on March 5 low.
Then test of highs into summer before a 2 year downtrend.
Simples
the 15/16th after the new moon should be the next high buy full sell new moon has worked pretty well since August and Helge shows a big wave up around that time then down into the end of the month..
ReplyDeleteout of typ in IRA at 11.14 in pre trade flat will short the pop Monday
ReplyDeleterrman
ReplyDeleteFeb 16hi
Feb 25 low
matches the FEb graph
Thanks
Jay
SELL SELL SELL
ReplyDeleteSIMPLES can't be trusted. He/she was wrong last time and he's likely wrong this time. I think he's trying to get people leaning the wrong way.
ReplyDeletephil
Time price projection for Monday
ReplyDeletehttp://stockcharts.com/c-sc/sc?s=$SPX&p=15&yr=0&mn=0&dy=10&i=p28690414048&a=182063541&r=186
1072 comes in around 11am
Astro8
hey Astro what if we hit 1072 today?
ReplyDeletehere's the setup:
ReplyDeletede-lever point indicated on Dec 14,2009 (SPY 105.48,)today SPY will print SPY 105.48 and all short positions will be covered and acceptable avg. size in long positions
http://www.flickr.com/photos/47091634@N04/4332069621/
SPY crash gap = 107.15 (10/6/2008) week
ReplyDeleteprevious weeks close (9/29/2008) = 110.34
we're now going on 5 months of sideways trading
we first bumped on our head on 1080 during 9/14/2009 week
on pace for highest volume since 4/2/09 and stuck in a 12 point range for the day
ReplyDeletean "entity" is swallowing a lot of inventory on the buy side
you bet. The bottom is near. Loading up on longs. I'm not missing this turn. No way.
ReplyDeletex
general of the bull army won't die
ReplyDeleteAAPL, hasn't taken out last fridays lows yet
I have a couple of subscriptions to very consistant market timers using GANN timing methods and both are saying we are just about there for the winter bottom. They said the rally will catch as usual the perma-bears waiting for the next low that never comes.
ReplyDeletex
SPX 195 min. backtest of trendline breakout from 12/10/2009
ReplyDeletehttp://www.flickr.com/photos/47091634@N04/4332300385/
If we were to hit 1072 today its still in play . ITs TIME and PRICE so price can be below and above but when time comes in we should arrive. I have seen this invert to.
ReplyDeleteAstro8
Get ready for the usual 2:00 - 2:30 timeslot Rally.
ReplyDeleteAstro8
ReplyDelete1072?
Please elaborate?
Are u saying it's a target 4 today?
thx
natalie
spy 105.48 should coincide with a gap fill on the VIX @ 27.42
ReplyDeleteOk. I can't take it anymore. I'm bailing on longs I bought earlier and now going short. She's tanking into the close. I can feel it. I want to see spx1035 today. and I'll be swimming in profits hopefully.
ReplyDeleteTank hard baby!
cal
vix gap filled and SPY 105.48 delever point established Dec. 14 2009 hit
ReplyDeletehttp://www.flickr.com/photos/47091634@N04/4332069621/
SPX delever point 1047.28 established 1/11/2010
ReplyDeletehttp://www.flickr.com/photos/47091634@N04/4325789697/
Log here sx 1047
ReplyDeletewhat happened to the UP day jay mentioned - and the
ReplyDeleteSTRAIGHT UP ALL DAY prediction by Helge for today.
Wrong and wrong!!!!!!!!!!!
watch todays close
ReplyDeletehttp://www.flickr.com/photos/47091634@N04/4332454033/
ANON
ReplyDeleteWhere the hell did that
prediction come from
You must be reading UPSIDE DOWN
Stay away unless you register and have something of value to contribute
Its tough enuf without some one misconstruing what was written
and commenting on it without verifying your details
Jay
anon
ReplyDeletethat was numnuts RRMAN.
that guy is a piece of work.
Samamehta
ReplyDeleteWhy? Long? now?
suzie
Suzie, weak bounce to 1070 maybe. if no today, then by monday as Jay is certain for monday bounce. Feb 9 10 are panic days for down
ReplyDeletejay has definately said up for Monday, but I'm not sure what he has suggested for 9 and 10 feb (Tues and Wed)
ReplyDeletekevin
Jay - still lookingfor a low at 3.45 to go long - or going long now ?
ReplyDeleteTime to go short again
ReplyDelete*9 and 10 are panic days for down*
ReplyDeletewhos quote is that
jay or rrman or just lucky guessre sam