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| 7:30am March 10th |
Today's Psych - watch out for accidents & expect trouble with investments
90 bars at 4pm
Neg energy at 3:04pm
Expect late recovery and higher open Friday AM
but POWER data shows more selling tomrrow after noon which simply means that HYPE occurring on Friday open is not enuf to hold thru the day.
POWER Data NOW shows Monday OPENS HIGHER, and sells off during the day also.
Jay
3pm
WE got EXACTLY what the POWER DATA showed and technicals peaked at 1322 yesterday , but the day held its own until this AM
LOWS occurred at
30bars at 10:30
60 Bars @ 1:30 RIGHT AT TECH SUPPORT AT 1294
Cant ask for much more
IT looks like 5 waves from 1322 to 1294, but we could see a 5th wave lower at 3pm, and or 4pm
IF 1294 was the low price, then = 29 pts
29 X 78.6% = 23 + 1294 = 1317 rebound potential
Jay
as long as DOW above 12K does not mean nothing. We need a close below 12K for at least 2 days to go FULL shorts.
ReplyDeleteCaught a NEAT double on that trade
ReplyDelete30 bars at 10;30 to 11am
SOLD half on open and other half
a little later
Cant tell if 3pm will be a lower low or not, but 1294 is main support
which did not get busted today, not yet anyway.
I WILL NOW be looking to short tomrrow's 10am -11am high
Jay
Jay - what are you shorting?
ReplyDeletegreat call jay
ReplyDeleteyou are alone ....with many matket pundits still looking for a rally
ReplyDeleteAbdullah
ReplyDeleteDJX options
Very easy to buy and follow
March 121 paid 78cts
sold for $1.70 this AM
Im sure they went over $2.00 at 1:30, but I have other things to do with my time.
Jay
Jay you are awesome!! Energy timing is so right!!
ReplyDeleteYesterday's negative energy didn't really take place until AH enough time for me to pull out my 401k long positions.
Yesterday's short sold this morning also working out perfectly. Thank you and please keep up your nice work. Very helpful.
VXX, FAZ, BGZ all Buy signal created according to 9/20 EMA rule
ReplyDeletePLEASE CLOSE BELOW 12K - PLEASE!!!
ReplyDeleteGS FP 95
ReplyDelete