EKG May 21st Preliminary & 8am update

8am UPDATE shows NO upside at open
BUt any rebound is subject to further losses
using math model below we can only suspect certain levels to be met
such as
1060 to 1044 to 1020- again ONLY MATH levels NOT a prediction.

Some have even thrown out 980 for consideration, ???? imo ,NONE of those TODAY
how soon then, you ask ?
well if NOT today, then Monday at 11am has similar connotations to Nov 21st at 11am
but some of those levels are still not attainable yet.

The ABOVE EKG is very similar to XTIDE's RED tide today

HELGE shows a LOW at or near today and or 24th- hard to tell exactly per his charts

ACTIVITY index is coming OFF a LOW earlier this morning at 6am of 133,
and at 9am is now at 200, which might indicate a brief dip and recovery by 10;30

90 bars hits at 11:30 giving plenty of time to bounce around prior to the pivot
126bars at 2;30 means that after 11;30, there more time to rebound till at least 1pm
156bars would then occur on MONDAY at 10:30 along with the 13 day at 11am, and hourly pivot
Jay

We can see there should be a LOWER low tomrrow, and the END of day is not yet available

We also cannot be sure about the open with a move UP or not,
and will depend upon what the futures tell as at 8:30am

on the 19th As of 7 pm, futures are only off about 5pts

90bars at 11;30
126bars @ 2:30pm

40 pt rule of thumb
1220- 1072 = 148 / 40 = 3.7
1220 - 160 = spx @ 1060
1220- 200 = spx @ 1020
this is NOT a prediction nor a projection, Just the MATH, folks, just the Math

the MIDDLE Ground today was at 1090, the 200 day line and major support
NOW broken, even tho grossly oversold, just like Nov 19th lost 400 pts, so did Nov 20th , 2008


TOmrrow is 377 NOV 20th closing low
Monday is 377 Nov 21st @ 11am
377/13 = 29 rotations of 13 days @ 11am
____________
JUNE 2nd is 377 from DEC 1st, that infamous day of 700 pts lost,
WHich led to a stronger December
IN between, we have negative energy on May 26 to 28
________________________________

SO<
important FIBO 377 tr day cycle hits tomrrow & Monday at 11am
IMPORTANT influence LOW due on MAY 28th
important TURN on JUNE2nd = a Bradley TURN
Bradley dates in JUNE 2, 10, 26th
_________________

June should END higher

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13 day cycle has been solid
Monday at noon was 62%/13 day
WEd at 12;25 was 78.6%/13day
Monday at 11am is 100 %/13day

Jay