Monday, March 15, 2010

March 15th - Mkt EKG

156 bars hit at 2:30 EXACT, not 1:30 as posted due to DAYLIGHT SAVINGS TIME


WAITING till AFTER 8:30 gives a VERY GOOD STARTING POINT,
but Im still having TROUBLE with the CLOSE as YOU can see.
The EKG DID show that this morning, but WHERE do I cut OFF the DATA STREAM?


Pivots today
126 bars@ 11am
156B @ 1;30
180b@ 3:30
Coy has a low today at 1:36

Activity index at 66 at 9am
LOw activity usually indicates a bearish bias for the market
and the forecast for today and tomrrow is also for low acticity

More later
Jay
at

13 comments:

  1. rrman11:39 AM

    still holding my /6e short from last week thru all the bs good call Jay looks like the new moon and low tides are barking

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  2. Reza11:48 AM

    Thanks rrman

    ReplyDelete
  3. ARAK12:07 PM

    wouldn't new moon mark the peak or is it +/- 1 to 3 days around new moon? Is FOMC tomorrow screwing this up?

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  4. ckp12:21 PM

    rrman what is 6e is euro or es ? great work and jay is doing great work and thanks for this blog

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  5. rrman12:43 PM

    euro

    ReplyDelete
  6. Jay Strauss12:43 PM

    Arak
    New moons MARK turns, and yes sometimes peaks unless its already been achieved

    natural energy still shows a SHARP decline as per the power index, and it just might have to wait till tomrrow and the fed announcement

    as you've mentioned many times
    Fed day seems to hold its own until after 2;15pm

    Jay

    ReplyDelete
  7. Jay Strauss12:48 PM

    as of 12:45
    Activity index rose in steps from 66 to 166 and backed off to 133 right now

    Thus we see the increase in stock prices from the pivots at
    126 bars @ 11am-
    &
    13 day segment @ 11:26

    and spx is following the flow of the EKG as well

    Jay

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  8. Kc135a1:35 PM

    Jay?

    What is "Coy"?

    KC

    ReplyDelete
  9. Jay Strauss1:40 PM

    Coy Morphew
    one of our members who does an energy chart of his own based on something other than what I use.


    I dont post it here as it seems to cause confusion for my readers

    WE dont always agree

    sorry, no, he has no blog

    Jay

    ReplyDelete
  10. Reza1:48 PM

    http://www.etf-corner.com/markets/2010/03/spy-basing-pattern-in-secular-bear-markets-.html#comments

    ReplyDelete
  11. rrman2:22 PM

    ok out of my /6e short at 1.3666
    will short again tonight in afterhours when they run the euro up before the Europe Markets open figure around 1.37

    ReplyDelete
  12. Reza2:43 PM

    rrman,
    Based on Jay's chart, I think a plunge is coming after 3. What do u think

    ReplyDelete
  13. rrman2:45 PM

    a down wave but it will go back up on a spike i will short it i think around midnight

    ReplyDelete