Friday, May 20, 2011

Market Timing-Whats Next -May 19th additional charts



I used the graph from Danerics page to demonstrate a few things
1. IT follows the path laid out by the Elliott graph- expanded flat
2. THE 2 GREEN LINES APEX TODAY May 20th which emulates Alphie's chart, Jaywiz chart, and not shown, Spiral chart, ALL pointing to a HIGH on May 20th a BRADLEY date, and a day that has potent energy associations, noting the HYPE about the IPO for Linked in.
3. Just as the Elliott graph shows, we are reading the ENERGY for the next 10days till May 31st as very negative for stocks as well as human activities.

more later

Jay
at

2 comments:

  1. xenne11:00 AM

    an expanded flat needs a lower low then A... but a running flat can stop anywhere... so not sure how ugly it will get.... and imho this whole structure is an X wave

    sincerely,
    cementzak

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  2. Jay Strauss12:26 PM

    Yes, Cementzak thats correct.
    no telling where "C" will stop.

    Price levels could get to
    1250
    1200
    1180
    ????????
    Thats why I use TIME

    SO FAR TODAY WE ARE IN PERFECT SYNC

    Low at 60bars at 11am
    90bars due at 1:30pm

    HIGH ENERGY due at 2:18pm to 2;30

    Monday opens with 126bars at 10am

    Jay

    ReplyDelete