Friday, June 18, 2010

June18th EKG - much ado about nothing

This makes it 38 positives on 57 entries =66.66%

ITS NOW 11:30am & they may have topped at the 11am-11;15 hourly turn..
ABOVE EKG represents an ALTERNATE showing a lower close, and or FLAT
I guess it will be best to show both closings unless I have strong evidence to
support one over the other.
You might say I cant lose this way, but that's not entirely true if the INTRA day doesn't perform
I made mention a few months ago about HOW the 18th of the month
ALWAYS seems to turn in a high, and this month appears no different

We had about 10 months in a row from March 9, 2009 where that occurred,
and as soon as I mentioned, it changed,

But I think it will be the same for July as well, after a June25th Low

Today looks like it will end up where it started no matter what occurs during the day

Jay
__________________________________

Previous corrections
Jan 20 to Feb 5 lost 900 pts
Apr 26 to May5th lost 1400

previous highs occurred on
Jan 19- Feb 19-Mar 25- Apr 26

Full Moon Next Sat = A Bradley date also, but 24th & 25 have an abundance of neg energy

I will lay out next week's daily energy readings on Sunday night

10 comments:

  1. Anonymous10:03 AM

    thanks Jay

    many think we sell into the close and you are still looking for an UGLY monday downward,right?

    is there any chance that the selloff you anticipate come a little early?

    ReplyDelete
  2. what about next week? the 21st-25?

    ReplyDelete
  3. Anonymous10:34 AM

    jay said BAD gap down Monday and a low on 6/25

    not acting that way,so I hope he's right

    ReplyDelete
  4. Dow jones resistance line in daily line chart

    http://niftychartsandpatterns.blogspot.com/2010/06/dow-jones-resistance-line.html

    ReplyDelete
  5. Jay - can you share what time the pivots are today ?

    ReplyDelete
  6. jay posts the next week on sunday night and he went short yesterday!

    good luck trading.

    ReplyDelete
  7. took VISN 1k@3.21
    RIG looking mighty good

    ReplyDelete
  8. The market has wanted to capture the S&P 1120 area for weeks. Well Were there. If they can close us over that, then yeah if there's no bad news over the weekend.. we'd have a big day Monday. But if we can't get up and over that for the close.. I'm thinking we could slide hard come Monday.

    ReplyDelete
  9. I'm targeting 1050 towards the end of next week.

    ReplyDelete
  10. Francois
    Welcome
    Its possible they close poorly today

    Up during the day = lower close to end where it started
    and visa versa

    Added more shorts at 11;15 a few minutes ago

    Previous corrections
    Jan 20 to Feb 5 lost 900 pts
    Apr 26 to May5th lost 1400

    previous highs occurred on
    Jan 19- Feb 19-Mar 25- Apr 26

    Full Moon Next Sat = A Bradley date also, but 24th & 25 have an abundance of neg energy

    I will lay out next week's daily energy readings on Sunday night

    Jay
    Jay

    ReplyDelete