EVEN BEAR MARKETS HAVE THEIR REBOUND RALLIES
THOSE OF YOU who got the JUNE ROAD MAP SEE A CLEAR TOP forming
NO, the whole MONTH did NOT go as well as expected
no one is prefect and I've never claimed to be
but NOW that the HANDWRITING is ON the WALL, we can NOW expect
that the BULL MARKET from 2009 has much better odds of being over.
BUT as technical data indicates, we can track the highs & lows quite well
ALSO using all of the JAYWIZ resources to our advantage to pick those turns
THE drop from 1687 to 1598-- was 89 pts
then ran to 1654 for 56 pts
BOTH FIBO NUMBERS
HAVING possibly completed wave 1 AND 2 leaves us in the middle of wave 3
which in itself can break into 5 waves of its own.
Thus 1654 to 1560 was a loss of 94 pts, again very near fibo 89
so what can we expect next?
a FIBO recovery between 62% & 78% X 94 = 58 to 73 pts
for wave ii of 3 before a very dramatic drop of at least 144 pts to start once the rebound is over.
WHEN is that?? You ask .. join the Jaywiz VPN to get the rest of the story
SIMPLE EW, but effective
we dont need to label every squiggle
JUST the BIG PICTURE
Later
Jay
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