Helge's outline for the balance of this week follows along with my cycle pivots quite well
Today cycles
62%/ 13day @ 11:13 + - an hour
60bars at noon
Sun 0 Merc @ 12;45
90b @ 2:30pm
Activity index at 5am was at a low 66,
and now at 9am is still at a low 100 and FLAT for last hour-
just ticked up to 133 at 9am
NOT a customary 108 bars hits at close & or open
I mention this because Venus is 150 Pluto at 9:30am Thsday
which could set the low of the week, or at least for the day
because Friday also has a convergence of short term cycle pivots at 11am
Monday's HIGHS occurred along with the HIGH energy generated by Saturn & Uranus
Now we are on the waning side of that energy headed toward a meeting of the sun & mars
similar to April 2000
There was also a convergence of LONG & SHORT term cycles on Monday
which some tech's pointed out- after the fact, hmmm.
The anxiety generated from traders has switched from looking for the correction
to NOW looking for the extension-
PC ratios are mixed to bullish on yesterday's close
but thats normal on such a day as yesterday
the one day arms index hit 3.41 which is quite high,
but ,IMO
we can expect at least one or 2 more HIGH arms days within the next 10days.
more later
Jay
got a turn somewhere near the noon 60 bars time coming in.should be a high.
ReplyDeleteLong Gold since 9:00am
ReplyDeletebottom is in
dammit, turn arrived early and the markets dumped leaving me at the platform.
ReplyDeleteshort 1186.5
ReplyDeletenice trading on the gold ricky.
ReplyDeleteGold is awesome
ReplyDeleteGold stocks barely move lower when rest of market tanks.
Already made 4 profitable trades this morning all in Gold stocks.
Amazing place to be if you're not trading them yet.
Forget S&P. Waste of time.
Gold stock etf's 2x, 3x are offering biggest bang for the buck.
Goodluck
after8
ReplyDeletethanks man. Good trading to you!
The 21 hour cycle is stretched here and should be rounding out a bottom. Anyway a bottom is imminent on the S&P.
ReplyDeleteBUY Gold stocks when the S&P finally bottoms if it hasn't already just bottomed, and watch the gold stocks fly.
Jay - what does the 90 b at 2.30 usually lead to ?
ReplyDeletegap down
ReplyDeleteI see tomorrow as reverse from the GAP. If we gap down - we go up all day and vice-versa
ReplyDeleteyep sirg i agree
ReplyDeleteFull Moon Tonight
ReplyDeleteHuge Gap-Up on S&P.
ReplyDeletewhy am I calling gaps on SP when I'm trading gold stocks?
oh brother. sorry guys