-FYI-THIS is one of Helge's easier charts to read
258bars @ 10am30bars at 12;30
60bars @ 3pm
That early low at 10am could be delayed to 10:42 am @ the 13 day cycle segment
That 13 day segment MIGHT need adjusting to 11:42 due to DAYLIGHT savings time
Charts edge has been quite good this week,
and shows a lower day tomrrow with a large sell off FRiday
the NEXT Bradley date is March 23rd should the mkt does start down today and or tomrrow
March 23rd should offer a MINOR pivot low, with a rally to the 26th
and or 29th turn to the next Bradley date on the 31st
allowing one day gets us to my projected low of APRIL 1st.
That makes a SIMPLE ABC correction leading to the NEXT 3 month RALLY thru JUNE
Jay
nice!
ReplyDeleteNice move up so far this morning as per my prediction. I haven't sold yet!!
ReplyDeleteBut when she turns....I will. That might be soon.
She has to make a low sometime before OPEx before she ramps into opex.
I took profits on %50 of my calls at 117.01. Letting the rest ride
ReplyDeletefrom 115.9
GREAT work folks
ReplyDeletethanks for your updates
Greatly appreciated by those who day trade
Jay
Going up accordingly to Jay's comments in the upcoming months! Hummmmm...I wonder if its time to finally short?!
ReplyDeleteGrodnyc
ReplyDeleteBullish after April 1st --
THIS IS NOT NEWS
Ive been projecting April 1st as a PIVOT low for weeks
and June 30 as the NEXT potential
HIGH point
My charts and writings have reflected that outlook MANY TIMES
Jay
Still Long.
ReplyDeleteOkay I started selling half my longs and soon all my longs.
ReplyDeleteThanks RICK
ReplyDeletesounds like a PLAN
Jay
http://www.etf-corner.com/markets/2010/03/spy-secular-bear-markets-part-2-.html#comments
ReplyDeleteWill get rid of remaing April SPY calls under 116.90
ReplyDeleteBought yesterday at 115.92
added to /6e shorts at 1.3755
ReplyDeleteSelling 2nd half here and buying some putsy.
ReplyDeleteNice little blow-off move here to sell into.
ReplyDeleteyep should get a big down wave here in a bit for several hours
ReplyDeleteSold rest of my calls %50 at 117.36
ReplyDeleteNever got under 116.90 to hit my
stop, lucky for me.
Sold half at 117.01 and half 117.36
covered all shorts for profit of 4 points
ReplyDeleteIf tomorrow is not down, then Bradley
ReplyDeletedate on 23rd could be a HIGH not a low. Bradley dates only predict change in trend, NOT highs or lows.
I have tracked Bradleys for years and frankly, they are unreliable.
ReplyDeleteCase in point was the Major, not Minor, March 1 turn date. We are now over 2 weeks past the date and it would appear the prior trend has yet to change. Some day but not yet.
out of short /6e and now long 1.37.22 we should go up into the open and looks like up until midday then down but still close up then up until Europe open then HUGE down into Open and ALL DAY looks like a huge down wave friday
ReplyDeleteKC, I agree, they are as reliable as Elliot Waves, Tidal
ReplyDeletewaves, New moons, etc.... Big decline this week???
Running out of time.
Thanks Reza. Did Jay throw in the towel???
ReplyDeletelooking for one more wave up to 1071/1079 ES... i truly hope we get it today
ReplyDeletesincerely,
cementzak
long ES 1059
ReplyDeletetarget 1071
+100pts
ReplyDeleteJay is on late shift at Mcdonalds today, he will be back later.
ReplyDeleteHis wife threw out his charts and told him to stop wasting time on tide and astro and EW guff
;)
another Jay
ReplyDeleteWelcome
the original Jay -gg