THis doesnt change ANYTHING, but again, its a matter of WHEN the day actually startsas to when to EXTRACT the data for the daily EKG, and MAYBE I should cut OFF
the END of the day. I really dont think the last hour will mean much as even day traders
should NOT be chancing a trade for an hour.
The GAP above DOES NOT mean a GAP in stock pricesIts ONLY a gap in the data stream
Today is considered a CIT by some of my associates,
and Ive been projecting today as such for weeks
Activity index - MARKET PULSE
100 at 5am
233 @ 7am
133 @ 8am
200 @ 9am
STILL 200 at 10;30
started dropping at noon & @ 1pm the pulse has dropped to 133
Bar cycles
180@ 11am
102@ 1pm
228@ 3pm
SAME times AS daily Hourly turns
energy Influences
8:35 pre market +
7pm after mkt +
Nothing during the day
reading
expect money benefits today
upbeat conditions continue
more later
Jay
Looks like a cardiac arrest in the making :)
ReplyDeleteJay,
ReplyDeleteHow does this day finish? Up into the close or weak finish and gap down, since you have today as a top.
Dear Jay
ReplyDeleteGood morning You mean there is no energy for the rest of the day or any calibre in the power index?
Your power index is like the pulse of the patient.
GIN
ReplyDeletegood observation
FINAL GASP -gg
Arak
Late influence is positive
as well as positive weekend energy
So we really should expect a pos bias in the late hours today
Im making some fine tuning adjustments to the March graph from the 5th on, but there is NO change for 8th & 9th, both look DOWN.
updated graph should be available over wkend
Main diff
March 15 new moon low
Mar 19 rebound high
Same as b4
mar 23 lo
Mar 31-Apr 1 lo
HUGE rebound April- that graph will not be shown until late March
Jay
Astral
ReplyDeleteActually the ACTIVITY index is more like the pulse since it updates every 5 minutes
IT IS HOLDING STEADY at 200
the POWER INDEX
shows me a similar outcome as the daily EKG - basically a struggle to stay above water- but doing a great job of putting on show for the visiting relatives.
low volume rallies
technically not good.
A tech sell signal was generated by the internals on Feb 22nd, and some times like NOW we get a 10 day delay
Jay
no volume again by the looks of it,they're really trying to drive every short seller out of it here,when you see that happening the turnaround is usually good for a fast move.may keep grinding/consolidating through most of next week,you never know.
ReplyDeleteHannah
ReplyDeletethanks for logging in-
as a follower
cute pic
Jay
GIN,
ReplyDeleteThey seem to want to go for broke FIRST
Low volume rallies??
Distribution by the FEW, leading the sheep to slaughter
REMEMBER y2k
March - April 2000
First high was Jan 14th
March high
April debacle
Jay
You are so right Jay.
ReplyDeleteYour sense of humor is really Sunny like the place you are in.
"putting on show for the visiting relatives:)" I hope the RELATIVES leave shortly.
I agree Jay looks like we rally into afterhours but Sunday after unlock get ready to short....I'm long /6e it lagged a lot but it finally caught a bid a bit ago
ReplyDeleterrman,
ReplyDeleteU mean Short Monday at open
Yeah Reza that will work but we get a nice wave down after unlock on sun nite also then a real nice upwave into the open monday....I'm considering not trading normal trading hours the /6e is much more profitable in the afterhours...seems like they bid it up in the eve so they can short the heck out of it when europe opens ...but then during our trading hours it doesnt move all that much..
ReplyDeleteactivity index seems to be in retreat starting at noon, noted in RED on the main page is now at 133 at 1pm
ReplyDeleteJay
No sellers yet, but buyers may have gone home early
ReplyDeleteJay
rrman,
ReplyDeletecan you please post the overnighters, so we can follow.
Like today go short or long for Monday am
Thanks
rrman,
ReplyDeletecan you please post the overnighters, so we can follow.
Like today go short or long for Monday am
Thanks
Rman / Jay - agreee - can you help simplify for those of us trying to position for a swing :)
ReplyDeleteAS2009
Give us a clue rrman
ReplyDeleteJays charts are as clear as mud and arent working any beter than Coys or helges.
Paul
ReplyDeleteSorry to read your not getting what you need from various projections
Helge seems to be showing next bigger move is DOWN
as Do I
Whats your TIME frame
are you scalping, day trading
position, or longer term??
My March graph shows March 5th peak, and 2 strongly lower days on 8th &9th, and that has NOT changed
Weve been discussing March 5th TURn for many weeks now
Not sure what your dilemma is.
Jay
well im in and short at35.7 cash.thats me for the day,im off to do something more interesting.intending to hold now through next week,depending if any downside shows.have a good weekend all
ReplyDeleteAS
ReplyDeletewhat kind of SWING are you referring to? from NOw to ?
just answered Paul
does what I wrote help?
Jay
Jay,
ReplyDeleteWondering why you went early on TZA. Wouldn't be better to wait for close as they may plan an EOD jam
arak
ReplyDeletethats a good question
only bot a few shs, and will add a lot more monday
The activity index WHICH had dropped to 100 at 2pm, is NOW rising again to 200
final thrust??
We shall see
Jay