Thursday, June 02, 2011

Market Timing-Whats Next -June 3rd Prelim Report

June 3rd possible partial EKG

IF AM FUTURES open DOWN, then the above is very likely, otherwise the previous graph will prevail
NOON is a convergence of 3 pivots and should be the LOD or at least the LOW of wave [iii].3
Jay
I did MENTION several times
228bars at OPEN on June3rd would lead  me to look for a down open, thus the Employ report should NOT
have an energizing effect on the bulls
at

2 comments:

  1. AR3:02 AM

    Hi Jay,

    Thanks very much for your analysis! it is very helpful for day trading.
    I have a comment/suggestion: I am wondering if its possible for you to include approximate "time of day" on your daily EKG charts for the inflection points... it would be very helpful and take the analysis to the next level...
    thanks again for your hard work

    cheers

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  2. Jay Strauss10:40 AM

    AR
    THANK YOU
    BUT
    The EKG DOES NOT GIVE ME ANY INDICATIONS FOR TIME OF DAY

    IT merely shows DIRECTION
    NOT EVEN AMPLITUDE
    JUST DIRECTION

    I get TIMING from other data
    and put the pieces of the puzzle
    together for the days action

    ENERGY & Bar cycles, etc

    Jay

    ReplyDelete