Thursday, December 09, 2010

Day Traders EKG - Dec 9th Update

PERFECT score for today's EKG
Jay
THE EKG shows about the same as yesterday- NOT MUCH ADO
the Impact data stream shows us that energy is waning today- will it show up in reduced
stock prices today or is a further declining in energy later going to effect the open tomrrow

Jaywiz index more bearish today at .28

NOTHING has changed- Still heading for a cycle convergence on Dec 21, but there should be some evidence of the cycle influence starting either tomrrow or Monday.


more later
Jay
at

9 comments:

  1. xenne9:07 AM

    yep, pretty boring choppy action the next couple of days... another triangle....? correct, another X wave imho

    sincerely,
    cementzak

    ReplyDelete
  2. xenne9:18 AM

    ps: if you are right and we top on Dec 21 then expect a high of about 1256,68 SPX

    sincerely,
    cementzak

    ReplyDelete
  3. Jay Strauss10:09 AM

    C
    thats a PIVOT LOW on DEC 21/22
    Cycle converge
    55-111-165-220

    Last such cycle produced a high
    this one should be a low

    TOP not expected till Jan 7th and or 24th

    Then extended turn down similar to 1st Qtr 2009, or 2000
    Jay

    ReplyDelete
  4. stalion11:03 AM

    The bond action is not looking good at all. I believe we are working on a massive, major top in the stock market. When that top finally come about, investors won't have the safety of bonds.

    ReplyDelete
  5. Jay Strauss2:50 PM

    TIME AND price square right NOW from Previous time slots

    Any minute the mkt could tank

    I suspect Either Tomrrow or Monday
    could shows us the way
    Jay

    ReplyDelete
  6. stalion3:18 PM

    Representative Ron Paul, Texas Republican and author of “End the Fed,” will take control of the House subcommittee that oversees the Federal Reserve.

    http://www.bloomberg.com/news/2010-12-09/ron-paul-author-of-end-the-fed-to-lead-fed-oversight-panel.html?cmpid=yhoo

    should be interesting for FAZ

    ReplyDelete
  7. futures trader4:11 PM

    5 minutes to go can the ES dec close above 1235..It does troubling signs for the Bear it doesnt then the life support is still works for the bears

    ReplyDelete
  8. futures trader4:20 PM

    Life support still works for the bears...thats 3 days in a row a 1235 rejection...very bad for the bulls.
    But also bad for the bears is that they cant seem to drop the market down..
    The tug a war continues tomorrow.

    cheers

    ReplyDelete
  9. stalion4:30 PM

    Jay - CNBC makes it sound like it's a sure thing that China will raise rates this weekend. They seem to think it will cause a commodities & market dip too.

    Monday could be very bad news.

    ReplyDelete