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
at

5 comments:

  1. gismeu1:04 PM

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

    gis

    ReplyDelete
  2. Jay Strauss2:42 PM

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

    Jay

    ReplyDelete
  3. Jay Strauss3:22 PM

    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

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  4. Jay Strauss3:24 PM

    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

    ReplyDelete
  5. Jay Strauss6:27 PM

    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

    ReplyDelete