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| HELGE NOW shows the NEXT BIG MOVE IS DOWN |
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and ONE PARABOLIC massive wave UP to JULY1st == "B"
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Daneric reports the TRANSPORTS made a new all time High on Friday, but IF the DOW fails to match, then that is a CLEAR NON Confirmation and NOT a good sign for a bull trend to continue
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WHEN a MKT GOES Up in PARABOLIC fashion, it comes DOWN THE SAME WAY
NEXT Wave is "C"- and anyone who knows anything about ELLIOTT counts, that can be quite nasty.
1370 to 1258 = 112 pts
1258 to 1340 = 82pts
82/112=73%,, --- didn't even make it to 78%
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Whats that, you say ?? wait till next week-- HMM
Congress not taking its JULY4th break t hammer out the Budget and DEBT ceiling
Tuesday's warning is - BE PRUDENT, Practical, and Dont be overconfident
Thsday's warning indicates major upsets
Maybe SERIOUS SELL OFF will wake them up to agree on something
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Power data was NOT very clear about last week,
and thus was of no help, but this week coming it has returned to normal
indicating a down week.
7th is a Bradley date and is accompanied by some very negative energy which has a historical
correlation with major selling days.
More Later
Jay
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