Tuesday, November 23, 2010

Prelim day trader Nov 24th

26hrs & 126bars converge at 10am

156bars at 12:30
180bars at 2:30

Tomrrows read says its not a nice day

Today's pc ratios are 50% bullish

Jaywiz ratio = .66 and is near the border line, but slightly more bullish

One of these days has got to be at least a 300 pts decline,
but it might wait for the 29th on that one

Until then they are eating away at price levels and building a bullish case

Technicals can deceive going down as well as on the way up

Nov 29th still the target date

Jay

4 comments:

  1. Hello Jay
    I have been following your blog for about 10 days very interesting.
    I'm curious how you got the 29th tho.
    As I have the 29th and 30th as serious down days.
    The government wont allow the market to fall today just before thanks giving.
    While I have no respect for chartists and charting I am open and very intrigued by what your using to obtain future dates. As I do also..
    great work and congrats

    ReplyDelete
  2. Hi Futures trader
    thanks for your input
    great to have you aboard

    Nov 29th/30
    is simply a fibo converge date for the most part
    144May 6 & 7
    89Jul 26
    Its also a Bradley date +
    Low energy projection

    It would appear as you say, to be serious down days
    BUT the 30th is scheduled for a
    turn
    29th is an 8day LOW
    which makes the 30th as 8 day TURN

    30th reading is irritations, but a late recovery

    DEC 1st calls for
    REACHING agreements
    DEc 2nd = Fortunate
    Dec3 = disruptions, but better later

    How I get this info is
    "MY SECRET",
    but Im willing to discuss the outcomes at length

    thanks Again
    Jay

    ReplyDelete
  3. Honolulu Beach
    WELCOME
    I was at Waikiki beach in 1980
    enjoyed it immensely

    Join in anytime you have something to add.

    Jay

    ReplyDelete