As it turned out - the initial EKG below worked out OK
Above graph is today's Activity index , now called the MKT PULSE
Today's DOW JONES
I was reluctant to publish this today, but here it is regardless
TODAY'S EKG published at 8:45am
13 day pivot at 11am
mars direct at noon- but which way will it influence ?
Actual PIVOT LOW occurred at 12:30
should be a see saw day as shown
PC ratios closed with bearish numbers yesterday
OEX under 100 for 2 days
Cboe = .68
spx 500 = .96
As mentioned b4, yesterday , today and tomrrow seem to be chopping
at what should turn out to be a rolling high
power index has been holding at moderately higher levels at or near 450 to 500
and that changes tomrrow, and friday
in the meantime, the bulls & institutions keep on selling
to the sheep who are getting ready for sheering
Internal Technical data gave a SELL signal on close
Arms 5 = 81.4- under 100.0 - bearish
trin 5 = 4.07 - bearish at 4.0
trin 10 = 933= bearish under 1000
more later
Jay
25 comments:
reversed out of shorts back long
Jay - your monthly shows that the 8/9 were down and then then 10 up and then down further till 15 ...
Can you explain what you mean by rolling top ?
AS2009
small add on short at 1144.1 cash
yes choppy action for now - ABC up, ABC down and a final ABC to top probably tomorrow? then down for awhile
out of longs flat /6e 1.3657
nice trade rrman
i'm looking for a long entry point on /6e i figure around 2pm but not sure think we have a big wave up from 2 ish to midnight/2am then back down big for another gap down and up all day kinda day thursday..
Dear Members,
This week planetary movement indicated very weak trend in metals, so we recommended in our This week newsletter that gold might come to $1059.10 and silver 15.89, Yesterday and today (so far) metals has been trading weak, Jupiter, Mars and Moon in unique position clearly indicating huge fall in metals so hold you position in metals including base metals. Wednesday Moon is indicating biggest fall in a day in metals so we will wait and see if this happens or not. (This week planets theory recommended selling gold at $1141 and silver $17.50, so one can hold their shorts until Friday Morning)
Saturn - Energy to trade weak as well but we recommended buying in natural on Thursday in our newsletter so one can hedge position by buying gas against selling of oil.
This week all major planetary movement indicated huge up move in dollar against Euro and Pound so we recommended adding position in USD on Monday as well Tuesday and keep adding position in USD. Planets say, Dollar Index could hit $84.28. This week Euro may fall back to $1.3228 or even $1.3028.
Jupiter, Mercury and Sun (last degree)combinations indicating huge correction in stock market is on the way from Tuesday or Wednesday, so recommended in newsletter you must keep adding Puts or sell calls (This is good hedging against stock holding, if you have any).
Grains and Soft commodities to trade sideways, so avoid any new position.
Keep building position in ETF’s recommended in Newsletter..
Need not mention the name and source for the previous entry
LOL thanks Reza I enjoy his stuff
ok back in short /6e 1.3662 the stockes on the /dx are at the bottom on both the 15" and 1hr charts also the /dx is at the bottom of the channels on the 15" and 1 hr could be a quick run to the top of the channel on the /dx as I show we should drop and then rally at close or shortly thereafter...
Reza,
This guys track record is not that good. How many huge declines has he called for in the last 3 months. And today we hit another high. No big decline in sight.
out of short /6e now long
Janeva,
Agree. And he increased his fees last month.
Jay,
Any comments for tomorrow
rrman,
Long overnight?
I think 1.37 which is the top of the channel for /6e will be hit afterhours then we reverse and gap down on the open tomorrow looks like an up day because of the gap down
yes long heavily until midnight or 2am time frame then will go short
rrman,
we are having a gap down tomorrow
Yesterday Cobra has presented some charts showing previous cases when VIX and SPX both closed in green for 2 days in a row. Today is the THIRD day in row for this to happen. I mean - something serious is about to happen.
I'm thinking today prolly was the high and we slowly start rolling over slightly lower highs slightly lower lows into the end of the month I dunno I think it will be almost slow motion instead of a rapid decline
look at the 11th chart down on Helge today
http://www.cyclelt.com/INT.htm
rrman,
Which section do u look at the A/H
1st and 2nd charts are the ones i watch for the overnight
this swing trade is getting on my nerves now,many cycles should have taken over and be pushing this down into monday/tuesday by now,still goin up up up though.cant even get back to the gap at 25! downside of any form will not be tolerated lol are they really going to falsely support this right into rollover? could be looking at another 40 odd points up if so! if no red day tomorrow i may have to think about covering...
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