Once again its a MATCH and the NEW EKG above shows a little more detail | ||
OLD EKG at 9am Nov 16th |
whats the DOWNSIDE RISK ?
IMV, expect a possible test of 1075, but IF a contracting triangle in a 4th wave heading into
wave "C", then a level in the low 1100's to 1150 would be expected
At 1230 now, a drop to 1130 is = to about 800 dow pts to 11,100 area
NOTE the one year Dow above
MACD rolling over
Momentum waning into the Nov 11th high
Ult heading south
GOLD heading WHERE ??
Jaywiz VPN members have been shown EXACTLY where gold is headed and WHEN
as well as STOCKS
Whats in store for 2012-- YOU will be SHOCKED
EXPECT THE UNEXPECTED
BOT a short on Tuesday at 2pm, and sold it at 10am on Wed for a near double.
NEAR FLAT open now expected at 9:15, futures ALMOST positive
MY game plan is to be looking to short again early today, but this time will hold till Monday
more later
Jay
2 comments:
Jay,
Tks for the one hour prior to close update, very helpful to reposition for next day.
CW
OK CW,
EKG
updates several times a day
HEADS UP for the day ahead
Jay
Comments on CNBC
DUUHHH
WHHYYYY is GOLD dropping
when it should be skyrocketing based on Europe's tentative conditions
That POINTS OUT the FALLACY that
people seem to think that mkts
respond to NEWS
WELL, this is a perfect example
MARKETS, STOCKS, OIL< GOLD, DO NOT respond to NOISE
Jay
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