I've figured out Helge is behind you have to go back to Monday to see what is coming...sometimes it does that....next week is going down HUGE.. 1st chart the big top between the first and second columns was 4am central this morning go from there to see the forecast
rrman Yes, i agree, you need to adjust his chart to the price moves.
It looks like the 25th on his chart = Apr 21st rally and now in topping process
also, the DOW made a new closing high, but I dont think the spx will follow suit. So, the SPX might be considered a failed 5th, and the dow a 5th.
either way they seem to be making 5th waves from the June30th low of 2010. all of which counts as a THIRD wave high, thus allowing room for a 4th wave retreat from the trend off march 9th which could be quite a bit more volatile than we have seen since late 2008.
YES, next week/s energy also agrees with Helge's graph for sell off next week
Should start today AFTER 1pm, and its now 12:20 as I type this.
Jay/rrman - I do think we see 12700 before a rug pull next week. The DOW closed above 12400 and SP is now above the 1333. Both a positive for the BULL.
Granted, it's a long weekend and market is close Fri anything can happen from now till Monday
I've figured out Helge is behind you have to go back to Monday to see what is coming...sometimes it does that....next week is going down HUGE..
ReplyDelete1st chart the big top between the first and second columns was 4am central this morning go from there to see the forecast
http://www.cyclelt.com/INT.htm
ReplyDeleterrman
ReplyDeleteYes, i agree, you need to adjust his chart to the price moves.
It looks like the 25th on his chart = Apr 21st rally and now in topping
process
also, the DOW made a new closing high, but I dont think the spx will follow suit.
So, the SPX might be considered a failed 5th, and the dow a 5th.
either way they seem to be making 5th waves from the June30th low of 2010. all of which counts as a THIRD wave high, thus allowing room for a 4th wave retreat from
the trend off march 9th which could be quite a bit more volatile than we have seen since late 2008.
YES, next week/s energy also agrees with Helge's graph for sell off next week
Should start today AFTER 1pm, and its now 12:20 as I type this.
Jay
Jay/rrman - I do think we see 12700 before a rug pull next week.
ReplyDeleteThe DOW closed above 12400 and SP is now above the 1333. Both a positive for the BULL.
Granted, it's a long weekend and market is close Fri anything can happen from now till Monday
big down on Tuesday...a minor rise for Monday
ReplyDeleteA big upday monday in silver and gold will be an easy sell
ReplyDeleteMr beach
ReplyDeleteYou may be right about Monday
BUT
I think they will recover from an OPENING sell off, similar to the 18th, but Tuesday, agree, big down day
Jay