Tuesday, May 24, 2011

Market Timing-Whats Next -May 24th Additional Wave report


THE above chart shows 3 types of extensions

the only one thats important to the mkt right now is the one on the far right called a
FIFTH WAVE EXTENSION

This extension projection give credence to the May correction being a FLAT OR RUNNING wave
rather than a traditional zig zag

Thus we see reluctance for the indexes to make dramatic declines.

on the right we see WAVE 3 as the orthordox high at 1344
wave 4 @ 1250
Wave (i)@1339 -Wave(ii)@ 1294 & Wave(iii) at 1370
wave (iv) NOW IN PROGRESS to end at 1250 to 1280 in the next 2 days

NO ONE ELSE that I read.
blogs or other wise is offering ANY similar
PROJECTIONS OF THE FUTURE

EVERY ONE ELSE IS TELLING YOU what happened YESTERDAY, last week, or last month
But Im playing MARKET DETECTIVE, and reading under the RADAR to give us KNOWLEDGE

KNOWLEDGE is POWER and that leads to $$$$$$

NO ONE ELSE publishes this--- its called  ((( SHOW ME THE MONEY )))

If you appreciate and understand this, then You should respond in like.
OF COURSE , A GREAT BIG THANK You to those who appreciate this KNOWLEDGE
and have been very generous, again I say - THANK YOU-

more later
Jay

12 comments:

  1. 23.6%/13 day pivot hitting right now at 11;26 as I write this
    and Im getting Hungry

    lets see how they respond on this pivot

    still want to see 1326 on or b4 1pm for wave iv high.

    possible break under 1300 at 3pm as they make progress into wave v

    using those original #s
    we still get 1323 at 50% & 1326 @ 62%

    Jay

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  2. ITS NOW 12:10 and Bebe just gave an inspirational speech to a joint session of Congress

    in addition we just passed by 228bars at noon, so we should see some lift going into the 12:44pm high energy turn

    IT MAY VERY WELL BE the HIGh was earlier at 1323, and now we could see the wave (ii) high of v possibly in progress somewhat less than 1323

    Jay

    ReplyDelete
  3. Jay
    Thank you!
    You've been nearly perfect on market turns daily or monthly in the past 2 months.

    ReplyDelete
  4. SOOOO
    Here we are at 12:44, and teh dow recovered from -22 to -5
    JUST AS PROMISED

    I gave you TWO chances to GET SHORT today

    once at 1323, and a second chance right now at 1316.

    As I write this its after 1:44pm, and they are dropping
    , dow now off 15 and falling

    IS THERE ANYONE ELSE online who gives you this up to the moment
    SELL points ???

    WATCH NOW as the SPX makes an important LOW tomrrow at noon

    They might open a little higher tomrrow, but it wont last very long. 26hrs at 10am, might hit right at open.

    258bars today at 2;30
    neg energy at 2:47pm and 2:52pm
    might provide a very short term pivot low, but it wont hold once they get by tomrrow's open.

    Jay

    ReplyDelete
  5. DAYS TRADES POSTED IN REAL TIME....DOW DAILY UP WITH SQUARE S/R.........LINE IN SAND! GOOD TRADING ALL! joed

    http://traderjoed.blogspot.com/

    ReplyDelete
  6. NICE CALL JAY...............!!

    joed

    ReplyDelete
  7. Jay
    You spotted the late PM sell offs!! Wow!!
    Thank you?

    ReplyDelete
  8. Here is another site if anyone is interested! joed

    http://www.chartsedge.com/index.html

    ReplyDelete
  9. Dow is at a VERY important place in price and time.........good trading! joed


    http://traderjoed.blogspot.com/

    ReplyDelete
  10. JOED
    UNCLEAR what your expecting
    OUT of the HOLE yesterday, but the close indicated a lower open followed by neg futures this am.

    Are we looking for 1326
    or
    1309- to 1295 today
    Jay

    ReplyDelete
  11. Jay,

    In the earliar post a couple days ago I showed the SPY and the expected move up into the next time area of the 1st of June.....I also showed the expected emini support and rally out at 1305 as a p5 which it hit on the NOSE last night! I am buying for a swing trade....good trading! joed

    ReplyDelete