THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Sunday, December 05, 2010

Market Timing- NEW IMPACT graph

Heres a SHOT of the NEW impact indicator that I mentioned b4
It did HEAD UP on DEC 1st, not shown, topped out as it appears above on Dec4th
and is making a substantial decline on the 5th
I will keep you informed of its progression

Jay

5 comments:

gismeu said...

I think it is great how you come up with new things and exciting to see how it will pan out.

gis

Jay Strauss said...

thanks Gis
Im always looking for new ways to gauge market direction, especially with an outlook looking into the future

Jay

Jay Strauss said...

Using TECHNICAL internals takes the NEWS out of the picture
Overbot means selling, even if they take another week b4 they
cut more deeply than the Nov30 low
The CYCLE work shows DEC21st as potential for
55-110-165-220 day cycle pivot, but the mkt has to make its wave structure
starting NOW on order to complete that wave structure at the cycle convergence
DID we have a 4thwave in NOV or a 5th wave FAILURE on Dec 3rd-4th ?
Only the depth of Dec 21/22 will give us some hint on that question.
Jay

Jay Strauss said...

THE LACK of ACTIVITY - NUMBER of VIEWERS on this blog leads me to think that traders are VERY COMPLACENT and many expect the market to just keep on truckin

SURPRISE- SURPRISE

It doesnt work that way

Jay

Jay Strauss said...

that IMPACT indicator just took a DEEPER HUGE DIVE at 6pm Sunday

well see if that has any predictive value as the night progresses

Jay