Wednesday, November 23, 2011

Market Timing-Whats Next -NOV 23nd - EKG TODAY & SPX

Heres a CHART that shows INTERNAL strength & weakness

No matter what the action today the NEXT BIG MOVE in this CLIMACTIC sell off is NOT finished


 I did NOT short yesterday, but probably should have at 1196- 
hindsite, hmm

MY game plan is to get short on both Q's and Gold today

THIS NYSE GRAPH speaks for itself- If YOUR not sure what it says, then send me an email



TODAY's CYCLES
Europe holding up well this AM- Will that indicate a rebound after open?
EKG seems to be pointing toward that outcome


yesterdays low hit at 30bars at NOON - LOD at 1181
Today's bars are
90 @ 10:30
120 @1pm
156@ 4pm
ED Low at 4pm


Monday's bar cycle was Ed low & 258b @ 4pm, but it DID HIT on the OPEN next day
WILl that occur today also leaving FRIDAY"S open for a CRUNCH start on Ed Lo & 156b?


Today is also a BRADLEY TURN - HAS been turning in high pivots most of this year


FRIDAY calls for
DISRUPTIONS & set backs
Sorrows & problems with $$ issues


Support lines  
1184- broken
1158
1126
1075


STAY TUNED
Jay
NEW EKG, A LITTLE MORE SKEWED than actual- BUT DIRECTIONAL occurrence is AMAZING


LOVED the LAST 15 MINUTE DIVE

 ED low & 156bars
ROLLS OVER TO Friday's OPEN for a continuation of the decline
at

3 comments:

  1. Jay Strauss12:48 PM

    95%down volume
    only 132 new lows
    ARMS about 2.35- NO PANIC

    no where near the last 2 bottoms

    No margin calls yet.

    HOW LOW IS LOW?
    1126 to 1075

    STAY TUNED
    Jay

    ReplyDelete
  2. Jay Strauss1:20 PM

    YES, I bot short Q's at 11am
    and noon

    IM IN FOR THE RIDE

    FEAR has NOT HIT the MKTS

    Have a happy T day, everyone

    AND MY SINCERE thanks to those of you who renewed your subscriptions.
    It very gratifying to see that Everyone has a chance to overlook some errors and make it up on the big runs like this one.

    WEVE changed TACTICS and are NOW playing the day trades, rather than a few days or a week- Yes it costs more to make those trades, but it worth it- When YOUR out every day, it gives your brain a chance to see things more clearly. THUS we are making BETTER trading DECISIONS,
    and that SPILLS over to benefit the group

    PS
    2012 is going to be an amazing year- the rebound high is only limited or determined by this months low

    STAY TUNED
    Jay

    ReplyDelete
  3. Jay Strauss1:22 PM

    I will be At the OFFICE until about NOON tomrrow, so If you want to subscribe, go ahead and do so.

    I will then send you the latest updates
    PLUS
    ALL THE ARCHIVES

    STAY TUNED
    Jay

    ReplyDelete