I cant seem to Manipulate the blog to get both charts side by side but this shows you the EXTREME Downtrend the mkt is in RIGHT NOW< and the likely CULMINATION to 1200
or lower in the next 3 days.
Wed at 4;14 is Full moon lunar ECLIPSE
June 1st was a New moon Solar Eclipse
Eclipses are generally HIGHLY energetic, and can have
Exacerbated influences in Either DIRECTION which right now is DOWN.
Jay
4 comments:
1345-1266= 80
38% = 30 + 1266 = 1296
According to one tech a number of
cycles converge on the 15th, BUT IMV, it looks like that convergence is TODAY.
If 1266 = wave [i] of 3
then today possibly = wv [ii]
next is [iii]
rally today was expected and noted by the weekly power data & energy graphs
3 eclipses within 30days
remarkable coincidence ??
Jay
Using the 40pt rule of thumb for the SPX, we clearly see 80 pts from the 1345 high got hit at 1266.
1370-640=730
730-80 = 650
and we all know it stopped at 666
NOW we can possibly look at the next low using the same guide
1296-80 = 1216
or
1296= 120=1176
a 13% correction off 1370 =178pts
which = 1192
MOmentum on that last rally was UNDER WATER
hit 1289.34 at 12:11 HIGHS as projected
1266 to 1289
ABC completed wv [ii]
Jay
today reminds me of MAY 31st
we all know what happened after
Jay
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