Thursday, July 15, 2010

REVIEW JUNE & JULY




They seems to have captured the major moves for the last 2 months
but of course JULY still has more to go

Jay

14 comments:

  1. Member # 128
    Welcome and thanks for logging in

    Jay

    ReplyDelete
  2. Jay how big of a pop do you think you can have by Fri--am--

    ReplyDelete
  3. NO HIGHER THAN spx 1105
    MAXIMUM

    The DOWN SIDE over NEXT 2 weeks
    is MUCH more viable

    Jay

    ReplyDelete
  4. SO FAR SO GOOD today
    got a 10:15 low this AM
    and
    12:45 pm LOW & looks like a turn
    for the better, if your a bull
    Jay

    ReplyDelete
  5. Thanks--I believe next few weeks could also bring some great bear numbers--I have seen --spx low as 875---950--1020-- Do you have a better fix??--Thanks again for your hard work !!

    ReplyDelete
  6. SNOOPY
    I can ONLY USE TIME
    Anytime I offer a price level, it comes back to haunt me
    and I dont need people to say
    BUT YOU TOLD US

    So I dont offer price projections

    You as well as I, can use FIBo projections, so we can speculate, but TIME is more absolute

    Jay

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  7. i believe 800 will come in play pretty soon snoopy

    but even that will not be the end of 1 down.

    cementzak

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  8. and for tomorrow 1100 ES is key resistance, we might be able to take out that level, but not for long -

    cementzak

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  9. not sure we'll see a new high tomorrow during trading hours. the 10am turn on jay's chart might just indicate the start of 3 down, in that case we'll not see a new high

    cementzak

    ReplyDelete
  10. Thank you for all the charts, they are looking good.
    My wiev at the moment is down around September.

    Howard (#128)

    ReplyDelete
  11. thanks HOWARD
    2 dates are STAND OUTS
    August 10th
    and
    OCTOBER 1-4
    MAJOR PIVOT LOWs for both
    but October can possibly usher in a 6 month recovery
    but more about that MUCH LATER

    Jay

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  12. Cementzak
    9:45 am
    does NOT have to be a NEW high for the trend since the low at 1010

    IT ONLY NEEDS TO BE 9:45
    altho
    the cycle DOES presuppose a HIGHER OPEN that the close
    and the MATH model suggests 1104 as MAXIMUM

    which is NOW only about 50 dow pts & 8spx pts

    IF you were expecting a run to 1130 FUGEDABUDIT

    Jay

    ReplyDelete
  13. FYI

    10day TRIn just added a SELL to the already sell issued by the 5 day arms & trin for 3 days now

    ALSO
    PC ratios close not 80% bearish
    NOW 90% bearish

    Jay

    ReplyDelete
  14. Jay,
    I agree with your call with regards to Aug 10 be the important date.

    interview from Larry Pesavento also confirm the date:
    http://commoditywatch.podbean.com/2010/07/14/17-planets-in-a-row-beware-august-10-12/

    thanks for your great work.

    Aaron

    ReplyDelete