TOMRROW morning should start DOWN with a THUMP,
If these readings have anything to do with it.
looks like an all day affair
6am = UNHAPPY
9am= Confidence diminished
11am= Destabilizing
1pm= struggles
3pm = overpowering
7pm= restrictions & doubts
WOW, sounds like MY KIND OF DAY -gg
Jay
Jaywiz Index very bearish @ .17
OEX pc ratio also bearish @ 1.03
Internals Tech data= no changes from previously posted
I had mentioned last week that the NEW moon at 5pm would setup a DREAM like mind set
activity index after hours dropped back to 66, and coincidentally after the new moon.
more tomorrow
Jay
29 comments:
I'm Long and Strong for tomorrow.
those buying today's dip will regret it ... bear trap...
good luck
cementzak
According to you it's been a bear trap for the last 5 weeks.
LOL
Besides...I think you mean "bull" trap.
tomorrow is FOMC at 2:15 .. rally time from open to FOMC .. things may change after that
jay just keeps on getting it wrong.
long and strong. we go up.
Its becoming clear that the market does not want to sell off
ON ITS OWN !!!!
A FED induced SELL OFF is going to be the only way, and as ARak has written many times
Fed day is generally UP till 2:15pm, and then its HOW their
announcement is perceived.
I dont usually pay credence to such things but once in a while, it takes BAD NEWS to shake the trees.
Those who are long this AM had better consider covering their bets
Jay
Jay has surrendered to "DA FED"!
rotflmao
I know exactly what you guys are going to post when sell-off comes true - "Broken clock is right twice a day"
I'm not sure what amazes me more - your predictability or unproductive spirit.
Jay. Just do not pay attention to these "gurus" whose knowledge is limited to "trend is your friend", "don't fight the FED" "Sell in May and go away" and other common nonsense
HI Rick
SURRENDER , my friend -gg
I think the MARKET will surrender
It does appear that a SELL OFF is like and accident WAITING TO HAPPEN
???????
Today's read
NO NEW STARTS
New challenges
NO Shopping
Watch your valuables
WELL, IM WAITING like everyone else
I did not publish the EKG today as it has a broken data stream
BUT
it did show an initial low as we got and higher mid morning as we are getting at 11am on the VENUS Uranus energy & the 11am hourly
turn
also, we did have 180 bars at 10am, which actually hit a few minutes prior to 10am.
SOO, Your inclination to be LONG today was a VALID choice so far.
GOOD WORK
Jay
thanks Sirgiyan
Tamara
ITS not a matter of WRONG
and its not even a matter of IF
BUT
IT IS a MATTER OF WHEN
Most of the declines happen AFTER optns EX, but this month they are a week late, and thus we are waiting
for THE WHEN
Tamara
PLEASE remind me to GET BULLISH with a VENGEANCE on APRIL 1st
Jay
I just bought some march SPY 116 put options - let's see :)
IYR is crazy...you buy the dips and always make money!
Where does this wisdom come from?
Wow. Where is this big decline Jay??
If we are not down big tomorrow, then
it's time to admit defeat. Adios
im cutting my shorts anyway,this isnt gettin any major down this week.bit of a hit,but ill get in higher from here.i really shouldnt have held as long as i did though.
Another new breakout Jay. This was not a down day and tomorrow is'nt looking good either. Time to wave the white flag. Markets don't care about planets, New moons, etc.
long the close and short the open is the play i'm long /6e
Give it up Jay.
Before you become a worldwide joke.
Turn all your charts upside down and it all looks a lot more accurate.
back to the drawing board Jay.
Planets, tides, nothing can predict the movement or manipulation of the markets.
Davindra,
Exactly!! Jay keeps calling for declines and UP we go. Elliot Waves,
astrology, new moons, cycles, etc
all work SOME of the time.....just
like flipping a coin. And what about
that Mahendra clown calling for a major decline(again) last week.
The trend is up. I cut my losses and
bought calls today. Good luck Jay.
You are going to need it. I'll check back in at SPX 1200
benny has a printing press in his pocket while my wallet is limited. I shorted the close at ES 1155 for a scalp in big size and closed out 75% for 0.75 points. Let the rest run with a stop at 1155.25
Well, now I see why CPCE is low today - Janeva has bought calls. :)
I bought puts - we'll see shortly :)
Jay keep it up i follow you closely this topping process is always a mess and then the bottom drops out....there isn't anything working on /es right now thats why I am still staying with the Euro Helge is working real well with the euro/dollar the /es is just too manipulated
I bought spy calls right before fed announcement at 115.92. We shall see. Jay and ALL of the elliot wavers, cycle guys, new moon guys, tidal wave guys etc.
have been wrong too long. I'm already making a nice profit and shall add to my calls over 116.55, looking now for 117.00
Janeva, would you care to clarify... you bought march calls? Which strike price? Just curious
I'm looking to SELL tomorrrow on an early morning spike for a very quick 6-8 point move down, then BUY Long for the rest of day and into Thursday.
out of long /6e now short 1.3787 we should go down all day really into the open tomorrow might get a lil pop right before the close today but shouldnt amount to much
Sirg,
April 116 calls. With March options a trader is fighting
time decay, which is a tough fight. Markets are set to
open higher again today.
Thanks for some really great analysis and comments
I really appreciate what everyone has posted
JUST KEEP IN MIND that TOPS DRAG OUT and ROLL- THEY DONT PIVOT LIEK LOWS Do
AS I wrote, ITS NOT a matter of IF, but simply WHEN
WE had the SAME situation in each of the high points over the last year, and I have to remind us of the above
Those who are INTRA DAY TRADING
my EKG should be helpful to ID the FLOW OF the DAY
MY bar cycles should HELP ID the PIVOT LOWS
ARMEd with that and WHAT YUO USUALLY USE on yuor own, yuo should be able to trade INTRADAY successfully
I am setup for positions
THE HIGH of TODAY< this morning should set the STAGE for the BIG DECLINE into MARCH 23rd, the NEXT BRADLEY DATE
Jay
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