Wednesday, October 13, 2010

TIME & PRICE LIMITS

1173 .68 was the PRICE level prior to the May6th FLASH CRASH

got above that on open

1175 is next 5 level --1+1+7+5 = 14 = 5-- a CHANGE #
1179 is next 9 level-- 1+1+7+9= 18 = 9 --a FINAL #

Looks like 1175 might be the winner unless 10am make a higher high,
but the open could be the 13hr cycle high

Jay
ps
GREAT charts, thanks- Michael @ Columbia 1

6 comments:

  1. Jay,

    You mention a rally late Thursday and Friday...do you see this going to new highs if 1176 isn't taken out today on the S&P.

    Thanks...shorted the open with a stop at 1181.

    ReplyDelete
  2. Fred
    rally possible from MID DAY Thsday to 10am on Friday, which could last all day and even complete on Monday

    the negative influences are on OCT
    21-22nd
    27-28
    Nov 4-5
    Jay

    ReplyDelete
  3. DAMN
    lost my comment

    HIT 1181

    still expecting mid day low tomrrow

    Jay

    ReplyDelete
  4. MOST of HELGE's CHARTS show a DOWNDRAFT about to hit

    Jay

    ReplyDelete
  5. he's been pretty well on with /6e called the last few days very well

    ReplyDelete
  6. S&P 500 Futures before opening bell : CLICK HERE

    ReplyDelete