REMEMBER that these chats are ONLY A GUIDEAnd NOT to be taken as ABSOLUTES
YOU MUST DO YOUR OWN Analysis and make comparisons
IF you agree, fine / IF NOT, thats fine too- LETS discuss what we have in common
and what we have thats different
That way, EVERYONE here can benefit
BUT SNIPPING from your little dens of puny brains helps NO ONE
Jay
After all this is a JOB, not a game. ITS a Place where winners work hard and losers whine
I can get you some cheese with that whine
Where are we now?
comparing some of the charts we NOW see on MONDAY AM more clearly
the strength is UP just as the POWER index and Helge showed us
OFF friday's low at 10:30- 11am
YES , I told you I went long at that time & closed out on the first rally
We were expecting a lower start, according to PRELIMINARY data,
but did not get it, and many traders are miffed who STAYED SHORT over the wkend
THIS IS DAY TRADING - we do NOT stay short over wkends
NOW looking for a place to get long after a strong open
11am offered a only a minor dip, but may be indicating a turn lower into the 78.6% pivot at 12;25
As yuo can see from Helge's chart, His work anticipates a retreat from the high this am,
and another buy opp later today with a higher close today which should
spill over to tomrrow at least till 11am
WILL WE GET IT ?
Maybe, and if NOT I will HOLD flat and wait for next opp to go short for 17th & 18th
13 day cycle pivot low hits on Friday at 11:00 am along with some neg lunar astro.
the week looks like it will close out strong on optns exp
Jay
26 comments:
Hi Jay. Still appreciate your work and insigths. Ignore the "idiots". Your charts are amazing. Frank D (I'm the original Frank, not the one from previous post; will call myself Frank D from now on)
Jeesh, that minor DIP at 11am was right on schedule, but it was no where near enuf to jump in on.
and so they power higher
The next best bet is at 12;25, and thus we wait to see what that brings
I told you many times to expect spx 1100, and we might get there sooner than thought
fibo levels were posted many days ago - sorry if yu didnt believe it
I told yuo today was expect to reach a high and roll over to tomrrow-
sorry if yu didnt believe it
I should have stayed long also, but didtn, and now Im bull about that
BUT long wkkends are tough to hold
OK, Frank D
If yu register as a follower, no one can confuse your comments
Jay
We are just trying to figure out whats going to happen which nobody knows but we just try. So please contribute the best you can or restrain yourself from trading
NOBODY KNOWS not you not me not jay
NOBODY
WE JUST TRY that is all we can do
waiting for tomorrow and a chance to short around 11am as per jays prediction, which he will say is NOT a prediction if it goes wrong
;)
ROTFLMAO
;]
THis day is a STUCK UP day in both senses of the word.
pug
There you go again ANON
I DONT MAKE PREDICTIONS
Im just POINTING OUT the most logical times for the market to make their changes
Ive follwed and documented many years of market activity and show you charts and graphs that DO offer to show the NEXT DAY IN ADVANCE
LAST WEEK was MARVELOUS
This week might NOT be so good, but we have to work with what weve got -Good or bad
MONEY MANAGEMENT is the KEY TO SUCCESS and using mkt timing to our advantage
FOLLOW ALONG and try to contribute
IF yu cant contribute then SHUT your face and learn
Jay
Cycles dont seem to be responding today
12;12 has not allowed any setback
Thus I will now consider waiting for tomorrow at or about 11am to go short
Could be 2 opps
at open and again at 11am
We will see what the guidance graph shows later today and at 8;30 in the am.
the 8:30am has been more accurate, and thus will rely more on that one for trading
Jay
Jay
This may be of interest to you jay
"Moon says that it is a top right here" - traders-talk.com
http://www.traders-talk.com/mb2/index.php?showtopic=116241
fran
slacking off a bit at
12;25 to 1pm
78% /13 day at 12;25
228bars at 1pm
Could coincide at 1pm, but not providing any setback of importance
Could close up 200 pts today
and spx at 1100???
Great short if that happens, and I will consider shorting the close, but open could still offer a higher level
Damn
Activity index all over the place today
was at 100 at 11am
jumped to 233 at noon
Dropped back to 100@ 12:30
Now at 1pm is @ 266
IF today DOES CLOSE at HOD, then the propens index graph does SHOW a DOWN DRAFT TOMRROW with a rebound mid day so far
Its too early to report the end of day on that index- its not available yet.
but a look at Helge seems to indicate lower the rest of the week into that 13 day cycle pivot low on the 19th at 11am
As well as the power index.
SOME CHARTS show more into the future than others as ive often stated.
Jay
I think this is a headfake I'm still short
rrman,
U still in FAZ, I am in it too
No guarantees but looks like a gap down tomorrow with a cover on the SPY near 107.90.
Not taking the short yet since need to see the action into the close.
If you are playing options like me never swing with front months during OPEX week.
KC
Jay
Do you have any pivots between 2:30-2:45 EST today?
Thanks
rrman
did your 15min stochs crossover for a sell?
thanks
suzie
rrman,
U still in FAZ, I got some too
KC,
YEs
258bars hits at 3;30
could rocket into the close
IM WAITING also
NO harm in waiting
Venus 0 Jupiter is today's astro influence, and it is STRONG
I mentioned it several times over the past few weeks, and here we are right there
19th has one more shot at making another attempt to break out LATE AFTERNOON ,but IT DOESNT look like theres anything more positive than today's aspect
This wkend has multiple nasties from
Sun 150 Mars and Sun 150 Saturn which could set Monday back a lot
at least to start, but we will have to see what power & propens indexes show us when we get a little closer
Jay
Thanks
I had 4 reasons to short and 2 not too. Still looks possible but not as good as earlier.
Still flat and waiting.
KC
Okay GUYS!
A small correction looms...but...do we gap down overnight...OR...do we gap up overnight and then correct?
Any ideas?
thx
mortie
shorting the close.
if it opens up I will add puts.
x
KC,
Most indications are for
someback off as per helge
jaywiz & charts edge, PLUS PROPENS index IS SHOWING a HIGHER HIGH tomrrow, also AFTER some drop off, but there's no way to TELL how much
10am on the Moon # Uranus was the ONLY TIME TO have GotTen IN TODAY
Its just s guess, but it does look like spx 1100 is the target for tomrrow at 11am
IM going to wait it out
is that 55 hours a low or a turn?
on Wed at 3;30?
13 day cycle pivot has been a strong pivot in the past and hits on Friday at 11am
power index shows strong close Friday
Jay
not a good week to stay short for very long.
Current action kills any swing short. I now have the potential for up all the way to very early Monday's open.
Gad, I hate OPEX weeks. Always like this. Ying and Yang, Ying and Yang, ...
KC
Mortie
thats a great question and KC And I are discussing
no conclusions
could go either way, but they should close on highs today
2 highs likely tomrrow
9:34am
10:42 am
slips lower into Friday AM, then anothr bull close
Jay
yeah still in faz and still short euro this was a rogue wave up!
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