Thursday, June 02, 2011

Market Timing-Whats Next -June 2nd CLOSING Report

AS we can SEE, EKG WAS ONCE AGAIN - PERFECT
June 2nd @ 8am

JUNE 3rd PRELIMINARY /// Partial EKG

Today's EKG agrees with power data & energy
Up till about 1pm, then lower which may or may not settle under yesterday

REBOUND PRICE LEVELS
1345-1314=31pts
31X 23.6% = 7 + 1314 = 1321
31X 38% = 21 +1314 = 1325
WE should see 1295 met or taken out which provides a clear technical SELL SIGNAL
BUT June8th has potential for a REBOUND HIGH off tomrrow's lows.

Tomrrow's Preliminary EKG indicates possible UP open till 10am @36Hr cycle
Noon has convergence of 3 pivot cycles, and could give most of the afternoon a lift.
Power data shows a LOWER close, but noon might be the lod

Monday Indicates an UP open

Jay
Heres an Email FROM ONE OF the MEMBERS here at Jaywiz


I was going to move a chunk of my 401 K in last Friday, and call it what you will, an inkling, an uneasy feeling?????

I didn’t, though I have 20% in diversified groups and will lose some today, but nothing like I would have with today’s loss.

Going to some interesting week, after yesterdays good up day, should have known, it is indecision time that’s for sure.

Will lurk on the side till June 24th and see how things go.

I know one thing, Washington needs to get its financial sheets in balance, can you spell derivatives AKA Treasury Notes.

Bet China can and it will cost us dearly. Storm Clouds were in the Horizon, now they are overhead.

Thanks for good info. -- bleu

20 comments:

  1. 1345-1310 # 35pts.-- 1318 max rend

    ReplyDelete
  2. jay,
    this vickv
    great work and i wanted to personally congratulate you for your tremendous hard work. s&p at 1306
    as always said hard work always pays.
    so sorry for all commotions over the weekend but just wanted to tell you one more time your work is great and your patience is even greater.
    thanks,
    vickv

    ReplyDelete
  3. Anonymous12:40 PM

    You are a great cheerleader Vick…..but the congratulations is to Jay for cleaning up his act and giving credit to other peoples work that he leans on so heavily and correcting the touted % claims ……..he realized it is not correct and he is now giving credit! Simple ………that is what a person does when he uses others hard earned work!

    Syd

    ReplyDelete
  4. expected
    Low at 10, hit at 9:45 @1309
    Low at noon, hit at 11;45 @ 1306
    High at 11am, hit at 10:45@ 1310
    high at 1pm, hit at 1;10@1314

    Syd,
    If you dont like what Im publishing, your welcome to go elsewhere

    You are constantly taking EVERYTHING OUT OF CONTEXT

    WHO TOLD YOU THAT I LEAN heavily on that chart- certainly NOT ME.

    And IVE NEVER published any part of Xtide prior & I DID WARN that it was NOT that reliable as 2010 was WAY OFF.
    _____________________
    Mkt NOW slipping AFTER 1pm as published for afternoon pressures
    204bars at 2pm
    228bars @ 4pm

    yesterday's close at 156bars brot in the LOD.
    SOLD my position at 3;54pm

    In late May I had been projecting a 300 pt sell off day, but missed it by ONE DAY.

    WELL NOW< OMG>> JUST SHOOT ME
    WERE is YOUR FORECAST??????

    HOW DARE YOU BERATE ME ON MY BLOG
    and about things you claim I did to you, WHICH I DIDNT.

    I DID NOT ERASE ANY of your comments, but I can do so at any time.
    Jay

    ReplyDelete
  5. This comment has been removed by the author.

    ReplyDelete
  6. That graph was published simply because it agrees with my own outlook, so I offered it for comparison

    My Publishing is strictly for the benefit of this group

    If YOUR NOT BENEFITING
    then go somewhere else where you can get what You need from that blogger.

    J

    ReplyDelete
  7. SYD
    ALSO
    DO NOT PICK ON ANY OTHER MEMBER

    You are embarrassing only your self

    Jay

    ReplyDelete
  8. "Syd,
    If you dont like what Im publishing, your welcome to go elsewhere

    You are constantly taking EVERYTHING OUT OF CONTEXT

    WHO TOLD YOU THAT I LEAN heavily on that chart- certainly NOT ME.

    And IVE NEVER published any part of Xtide prior & I DID WARN that it was NOT that reliable as 2010 was WAY OFF."


    ONCE AGAIN............

    YOU have published a ton of other ppl's work not just his..........IF U PUBLISH SOMETHING.....give proper credit ......SIMPLE!!!! It's their work! PERIOD!!!

    syd

    ReplyDelete
  9. Jay..........

    You must realize ppl will not like publishing someones else's work......syd has a point........althiough over said!

    joed

    ReplyDelete
  10. No offexe Jay......I enjoy your work.......but many have had work misused on the web....guess it's the nature of the beast! Best!

    joed

    ReplyDelete
  11. FYI..

    On my prior post, there is the quote from him that came through but was missing.........no big deal........just so you know it does happen! On my blog.......I have had my own missing ....best to ya!

    joed

    ReplyDelete
  12. SYD
    AGAIN
    YOU ARE CONSTANTLY OVER STATING


    I DO NOT PUBLISH A TON OF OTHER PEOPLES WORK

    and since You were the ONLY ONE complaining, it sounded like you were trying to get one of my sources for FREE-
    I pay for that service
    and it is NOT accurate- so I DO NOT DEPEND ON IT AT ALL as YOU SUGGESTED.

    cut this CRAP OUT or I will REMOVE ALL YOUR COMMENTS !!!

    J

    ReplyDelete
  13. JOED;
    HIS EXAGERATIONS AND INSINUATIONS ARE INSULTING at best, but MORE realistically just NONSENSE


    IF he wants to spend the TIME going back to January to refute my claim that the EKG has been 80% daily accurate since Jan, then HAVE AT IT.

    Should only take a few hours

    ReplyDelete
  14. SYD
    ONE MORE TIME
    PROVE TO ME YOUR EXAGERATION
    that I PUBLISH a TON OF OTHER PEOPLE's WORK

    THIS IS GETTING SICK

    ReplyDelete
  15. Jay,

    Believe me I UNDERSTAND! Your preaching to the choir here! I have seen it all! In the first forum I was in we had 6000 members and they could all post!! lol

    Best always!

    joed

    ReplyDelete
  16. I personally do not get it. If you do not like to read something- do not read it.
    Anyhow -- thanks Jay -I learn something everyday

    ReplyDelete
  17. Thanks
    JOED & JOHN
    VICKY- dont be put off by hecklers

    J

    ReplyDelete
  18. Whatever Jay is publishing is for your benefit and the fact remains that he is not charging anyone. He is just posting us to be aware. I also noticed people publishing Jay's EKG's, so its more of a community sharing.

    Joed: Did you intentionally not open the comment section on your blog

    ReplyDelete
  19. Jay,

    I am not put off as I believe he has a point………my very good friend and trader that I mentored in his early days posted a system he developed over many years with hundreds of charts on our site long ago…….as time went on someone copied it all and put in a ebook and was selling it …….so I understand both sides of the coin! I believe ppl should just do what is right! And the answer is yes Reza……..good trading to all! joed

    ReplyDelete
  20. Anonymous2:55 PM

    This comment has been removed by a blog administrator.

    ReplyDelete