Sunday, June 20, 2010

Week of June 25- Daily readings & Activity Index

I realize the SPX FUTURES at 8pm are indicating a 90 pt rally at open
IF THEY STAY THAT WAY, and thats why the MONDAY reading calls for FLEXIBILITY
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UPDATED at 8pm June 20th.
PLEASE DONT EXPECT EVERY Nuance to MATCH up as above
BUT the DIRECTION should be CORRECT as well as the 2 primary lows
on the 22/23rd and 25th
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A secondary bounce on 28 & 29th should meet with a
subsequent secondary BOTTOM on the 30th,
but more on that later

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Posted on June 20th at about 1pm

Monday June21
UNCERTAINTY prevails
Watch for rapid shifting directions
upsets- out with the old, in with the new
UNEXPECTED changes- BE FLEXIBLE

Tuesday
Stressed Moon today
no shopping
expect frustrations & annoyances
HOLD OFF BUYING- wait for tomrrow

Wed
Negative AM - avoid overdoing
spirits LIFT in the AFTERNOON
$$ gets POSITIVE boost

Thsday
CAUTION with $
SERIOUS news
FALLBACK TO EARTH with a THUD
BUT
WATCH MIXED trends today


Friday
UPHEAVALS
$$ UPSETS
WILDLY DISTURBING

more later
Jay

19 comments:

  1. Sounds like an interesting week on the downside ...

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  2. Jay - pls can you share your EKG till end of June .. your charts only had till june 25th ..

    Thanks :)

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  3. Anonymous6:02 PM

    well,unless there's a war overnight, your huge gap down looks like just the opposite...

    futures opened @ 1122!!

    ouch....looks like everything inverted on you

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  4. blow off top is all

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  5. what is the s&p moving way up for? china devalued or something.

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  6. guys it was just energy from yesterdays up move it will play out and go down tonight....blow off top to mess everyone up

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  7. I wonder if its just that last blast up from Jay's EKG from Friday...if we see that impulse down tonight it will confirm the beginning of wave 3...

    Damn...wish I had a futures acct! (Sorta)

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  8. Anonymous7:27 PM

    eur/usd gapped up and is selling straight down

    interesting

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  9. AS
    EKG is ONLY Available DAILY

    ITs the SHORTEST term graph
    as it completes at midnite for the DAY AHEAD ONLY

    July graph will be available at END of JUNE

    Please follow along and dont expect MORE than I can offer;

    I DONT MAKE THIS STUFF UP OUT OF MY head- These graphs and charts require PATIENCE & TIME to obtain the DATA and convert it to a readable chart

    Jay

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  10. Francois
    read latest update

    just because futures are
    UP doesnt mean
    "to the moon"
    lets see where they are in the AM
    Jay

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  11. Anonymous9:59 PM

    Hope you are right..eur/usd gapped up and is going straight back down to fri's close as we speak (maybe why futures have pulled back a little)

    I just worry it goes so high that the 6/22 or 6/25 low is actually higher than fri's close...

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  12. @rrman

    I agree. It is a blow off top. In this case futures should reverse before open or shortly after. I was kinda hoping for this. I took a small short Friday but saved my for this probable scenario.

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  13. yeah it might happen earlier they like to turn the euro up in the evening and then short the heck out of it when europe opens

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  14. Whether Jay's forecast comes to play or not I personally have to respect anyone who hangs it out there for everyone to pick on.

    If we get a 20 DMA back test or lower this week the forecast is going to be quite the call based on tonight's futures (euro ramp).

    KC

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  15. Jay - sorry meant the power index not EKG ... still learning so get the terms mixed up :)

    I wasn't sure if June 25th was the low or u were seeing further downside ... it seems you are looking down till June 30th ...

    What you share is great !! Thanks for that ... I know we all don't say it enough ...

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  16. Jay, what is your target for 25 june and 30 june..?

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  17. MONDAY - MOnday
    Cant TRUST that day

    that song was written for a reason other than lost love

    Ive had my worst life disasters happen on Monday's

    Just something about Monday

    Jay

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  18. interesting euro is below fridays close but /es is still way up there...

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  19. Anonymous9:35 AM

    agree rrman...

    eur/usd gapped up,sold,back up,then sold off below fri's close and looks like a TOP in the 60 min chart...

    U.S. markets may follow here,and per Jay's call, it would make sense

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