LOOKS LIKE ALL systems AGREE - THIS IS GETTING BETTER
all the time !!
DROP OFF TOMRROW AM probably till 10am on the 39hrs cycle
EKG -Cant tell yet if any recovery will take place but ENERGY seems to say it will
till about 1pm. CANT TELL if it will be higher or not than TODAY"S CLOSE.
BUT1307 is 78% STRONG resistance and of course 1292 is SUPPORT= previous resistance
ONCE tested tomrrow and maybe breached on Thsday, the RALLY SHOULD RESUME according to
ENERGY, but we'll take it day by day for now. Jan E graph shows 23rd as a possible high, before
another MIXED period next week & drop off from mid day high on 26th into 27th-30th pivot low
THIS TIME PERIOD SEEMS TO BE MARKED by STRENGTH, but TENUOUS as we go with brief setbacks
along the way- Refer to my ELLIOTT graph for a PIVOT HIGH on FEB 17th, and stronger sell off after to
the 22-24th
NOTE THE IMPACT SEEMS TO GIVE BACK SOME FOR THE 18th as shown below as squiggles on the 17th
SAME DEAL GOES FOR DYNAMIC
and of course we SEE an OBVIOUS take back at open tomorrow - IGNORE GMT time- just use EST,
unless you live in London which some of you do.
Im long from last week and plan to close out at 4pm or sooner today
NEG E@3;11 & 258bar PIVOT at 3pm should give the close what it needs to make it to resistance @ 1307
AS far as SHORTING, Im think I will wait for the 1pm hour tomrrow, and will plan to close that out on Thsday near 4pm
the next LONG trade might wait for Friday after open, but we'll see how tomrrow & thsday go before deciding
DROP OFF TOMRROW AM probably till 10am on the 39hrs cycle
EKG -Cant tell yet if any recovery will take place but ENERGY seems to say it will
till about 1pm. CANT TELL if it will be higher or not than TODAY"S CLOSE.
BUT1307 is 78% STRONG resistance and of course 1292 is SUPPORT= previous resistance
ONCE tested tomrrow and maybe breached on Thsday, the RALLY SHOULD RESUME according to
ENERGY, but we'll take it day by day for now. Jan E graph shows 23rd as a possible high, before
another MIXED period next week & drop off from mid day high on 26th into 27th-30th pivot low
THIS TIME PERIOD SEEMS TO BE MARKED by STRENGTH, but TENUOUS as we go with brief setbacks
along the way- Refer to my ELLIOTT graph for a PIVOT HIGH on FEB 17th, and stronger sell off after to
the 22-24th
NOTE THE IMPACT SEEMS TO GIVE BACK SOME FOR THE 18th as shown below as squiggles on the 17th
SAME DEAL GOES FOR DYNAMIC
and of course we SEE an OBVIOUS take back at open tomorrow - IGNORE GMT time- just use EST,
unless you live in London which some of you do.
Im long from last week and plan to close out at 4pm or sooner today
NEG E@3;11 & 258bar PIVOT at 3pm should give the close what it needs to make it to resistance @ 1307
AS far as SHORTING, Im think I will wait for the 1pm hour tomrrow, and will plan to close that out on Thsday near 4pm
the next LONG trade might wait for Friday after open, but we'll see how tomrrow & thsday go before deciding
BEST WISHES - Jay
Market Timing ~ Whats Next
http://Jaywiz.blogspot.com
Stay Tuned & get Ahead
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Market Timing ~ Whats Next
http://Jaywiz.blogspot.com
Stay Tuned & get Ahead
This email message & any attachments may contain legally privileged,
confidential, or proprietary information. Whether or not you are the intended
recipient, you are hereby notified that any dissemination, distribution,
or copying of this email message is strictly prohibited. If you have
received this message in error, please notify the sender, and immediately
delete this email message from your computer and or data base.
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