39hrs at 10am
78.6% /13 day at 12:25
90b@ 10;30
126b@ 1:30
156B @ 4pm
Those who are waiting for the typical fall declines in October are probably going to be sadly disappointed. The PROBLEM time appears to be from NOW till Oct 4th, as Ive mentioned several times and given data in reference to that date.
more later
Jay
20 comments:
according to my analysis we are about the finish Minor [2] - so Minor [3] is about to start and it will be ugly. don't ask me when & why ....
the current weakness is probably b of iv of c of Minor [2]
cementzak
correction
the current weakness is probably b of v of c of Minor [2]
B of V means ending diagonal. Right?
Looking at FXY and TLT I wounder why haven't me crashed already
that is correct Sir. the move since the July 1st low is an ending diagonal. market bounced from ES 1113 as expected by cementzak. markets looks like in a hurry, it might feel solar storms are heading our way.....
cementzak
Cementzak - what is your tgt for this up move ?
tgt? what it means?
Thanks for sharing your thoughts cementzak.
"tgt" means target
NP.
well, no real target.
but connect the high of july 13th with the high of july 27th - that is the trendline. expect a classic throwover to end the pattern and fast reversal to around 1,000 - and that will be wave 1 of Minor [3]
my best guess is that we'll top in the mid to high 1130ish
cementzak
PG guidance 8% next quarter. Now go figure the Dow market value
buying spx here at 20.7,cant see big weakness again today,just a case of buying the dips into friday morning unless the low 1100's come into play.
c of v of C of Minor [2] in progress
well... the bears are squeezed, so real buyers will have to show up now... so that final advance of Minor [2] might take a day or 2, and might be a choppy affair
c of v of C of Minor [2] in progress
cementzak
I would say a triangle on 15 min SPY greatly reinforces the odds for B of V of C case.
Triangles tend to precede to final move if i remember correctly
Yeah, I read something about symmetric triangles (continuation)...
What's the case if a failed fifth occurs?
out at 22.no volume no progress.no nothin.
Don't discount the triangle being a diamond!!
yes Sir, that looks like a B wave triangle... we should see an exhausted spike out of that triangle, and that will seal the deal for Minor [2]
cementzak
trapped some bears at the end of the day, will go higher tomorrow for the final advance of Minor [2]
cementzak
CEMENTZAK:
I COULD NOT AGREE MORE WITH YOU : ALL OF YOUR COMMENTS
GREAT CALL I THINK.
EXCEPT 1135 FOR SURE BUT 1160 A POSSIBILITY
THANKS
wednesady high 1135
that would be august high
Larry Pesavento in the audio posted at http://commoditywatch.podbean.com/ on July 14th, predicts a stock market high on August 10-12. Due to exceeding S&P 1105 his prediction for a low inverts to a high, or so he said.
Post a Comment