IS the NEXT BIG SELL OFF coming in MARCH ?
or
IS the SPX headed for 2050 ?
WATCH THIS GRAPH
THE JAYWIZ POWER DATA FROM LAST week did show an UPTREND STILL in play which peaked late week and dropped back slightly from 1963 to 1948 on close.
THE POWER DATA is published to the VPN GROUP
one week AHEAD on Sunday at 7pm or sooner for the
WHOLE WEEK AHEAD- but ONLY VPN MEMBERS get to see any further than today's action-
The best way to use the
PD is to look for a TREND CHANGE - we have other resources that help identify daily effects such as the PRO -LM
AHH, today's action in BLACK up to 11am- NOTE HOW WELL the SPX is ADHERING to the PD advance view.
ALSO
we NOW have been watching the new PRO -LM index
which is DEEMED as ONE DAY AHEAD, thus we see FEB 29th heading mostly lower and 2mrw mostly higher-
NO BIG PLUNGE OR BLAST OFF.
WEVE GOT THE WHOLE MONTH of MARCH MAPPED OUT in DETAIL along with a some prelim graphics for APRIL.
NEW GRAPHICS show VPN members HOW March fits into the overall WAVE STRUCTURE and where APRIL HAS AN IMPORTANT PIVOT LOW SET UP FOR the ------
WE also did a little GANN time study from MAY19th, 2015 at the SPX 2134 TOP up thru THE forementioned April pivot low date, and found some fascinating time relationships.
DISCUSSIONS are encouraged from members so we can coordinate ideas and determine the est course of action.
AS FOR ME, IVE STOPPED TRADING until the NEXT BIGGER opp, thus it becomes a holdoff & wait till the RIGHT MOMENT TO BUY LONG OR SHORT-
Anticipation can distort our view of market structure, and throw us off balance so we don't want to take a position prematurely.
Be AWARE & GET READY to TRADE
with the emphasis on GET READY
THEN TRADE
IN OTHER WORDS, we dont want to jump the gun
or get in too early or too late.
Looking for the Goldilocks Opp. -that AHA moment!
BEST TO WATCH & WAIT like a wolf hunting its pray for the right moment to strike.
HAVING ADVANCE views of the FUTURE certainly has its advantages -
Jay
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