Tuesday, June 07, 2011

Market Timing-Whats Next -June 1 to 10 -Energy update

PROOF is NOT BOASTING - JUST THE FACTS< Man'
Jay

2 comments:

  1. June6th cycled off Mar 1st-low
    June8th cycles off mar 3 -high

    PC ratios 80% BULLISH
    2days in a row

    Jaywiz proprietary adv/decl & vol ratios hit 498 & 524, indicating
    a minor low was in place

    abc X ab now in c off yesterday's
    3;15pm low at 1285 to 1295 so far
    1317-1285= 32 pts
    32 X 38% =12+ 1285 = 1297~~ almost there wave [a]

    Once 'c' is done, we should expect an X wave to the 11;30 pivot low. wv [b]

    wv [c] should exceed wv [a]

    some projections have been as high as 1311
    =26pts or 83%
    or 26/60 =43%
    78%x 32 = 25pts = 1310
    very possible

    Jay

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  2. 11:30 HIT EXACTLY ON SCHEDULE
    BUT is the WAVE now READY TO EXPLODE over 1300?

    It may take till the 2pm pivot at 180bars

    30 minutes may not be enfu time to complete and ABC retrace wave
    against the uptrend

    Jay

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