the READ today
PUZZLING MONEY MATTERS
Sudden events = Money Losses
And
the next 2 days dont get any better
ELLIOTT wave Experts called yesterday as minute wave 4, of MINOR 3 thus we are
about to enter Minute 5 of Minor 3. This event can also break out into 5 minuette waves.
Minor 3 is the where the MEAT gets cooked,before getting served.
Once Minor 3 is complete, there is still the outcome of dealing with Minor 4, and Minor 5.
but there's plenty of time for that discussion later
Jay
Tomrrow's bar cycles
228b @ 10am
258b @ 12;30pm
30b@ 3pm
Yesterday's 13 day cycle GAVE way to a LOWER CLOSE
we can consider that VERY OMINOUS
as the PREVIOUS 13 day cycle was on MAY 5th at 11am
The NEXT 258bar cycle is on Friday, May 28th at 2:30pm
BUT the FUll Moon is on the 27th at 7pm, and should influence the mkt all day
28th is an 8day low
28th is 144 from Oct 30, 2009 Dow at 9713
Looking ugly for tmrw!!!!
ReplyDeletelooking ugly for the rest of the week, SPX below 1,000 soon
ReplyDeletesincerely yours
cementzak
Jay
ReplyDeleteBased on PE ratio for next quarter, its better to stick to my analysis at 975 area, then bounce
Reza
ReplyDeleteI agree with 975 area, but others are looking for 925
Middle ground = 950
Today marks the START
of minute v of minor 3
Jay
Jay
ReplyDeleteI think 980 has big support
Jay
ReplyDeleteCan you postpone the selloff to next week, its a holiday week. let them stick around 9800 area for this week
Jay
ReplyDeleteU were right about do not go long until 28
jay, abdullah, rrman
ReplyDeletesent email from M update
Reza: Anyway to send M to me? Thanks
ReplyDeleteJeff post email and delete from post once u receive
ReplyDeleteM is going to post daily until further notice
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteMy 300 point down came one day late
ReplyDeleteReza - if you could send to me that will be great
ReplyDeleteThanks
This comment has been removed by the author.
ReplyDelete