Frozen in time

Heres a chart from ACB

You can find him @ www.csiwallstreet.com

Jay

Counted 5 waves Again

Today counted out 5 waves into the close
Wave 4 hit its highs about 3pm

Tomorrow promises an EXPLOSIVE UP OPEN.

But dont expect it to last past the first hour
They wont give the bulls a chance to get in unless you had the _____ to do it today.

I dont expect a major reversal lower tomorrow, but Friday could also open moderately higher and give it up also

A poor close Friday will lead to a major sell off on Monday and probably Tuesday also

Jaywiz index for Monday was .18 = very bearish
Tuesday = .22 very bearish
WEd = .35 Moderately bearish

Jay

wave 4 to go higher

BUT NOT TODAY

Today as futures indicate should open lower, but trade higher most of the day. THEN close lower

Tomorrow, 18th should again open lower, then trade steadily higher with a higher peak on the 19th.

19th is
8day high
Midnite high tide
Bradely high

Goes against the Sun Sq pluto, but Pluto represents death & regeneration - dah, exactly -- LEH & AIG.

However, next week should continue the slide on Monday & Tuesday.

Jay

wave 4

It looks like today's close made a wave 4 rebound, or maybe tomorrow AM

Anyone got another count, let me know.

Still looking for that 55 & 110 day cycle convergence on the 18th probably in the AM.

Monday looks like a very strong day, which is after the Sun Square Pluto on Sunday.


Jay

Thursday is FIBO CYCLE

As mentioned b4, the 18th is a cycle LOW & High and the day could start out as a low & rebound strongly;

The thing to have done today was wait till after the open which is what I did, and shorted at the 11am rebound high dow - 170 from a Low of - 335.

Tomorrow is showing me a lower low as the end of day today closed lower than the 228 bar cycle @ 3:30

the next bar cycle of importance is at 11:45am and then at 2;15pm

Wait - Wait, DID you write 2;15pm?? thats the FED minute !!
Yes it is, and If the Fed reduces the bank window rate, but not the consumer discount rates, then we might get a short bounce into the close.

Its reported that Hadik posted 10,587 between the 8th and 19th.

Murrey math support levels are about to be smashed on the SPX at 1187.50, then lower to 1125 and the bottom of the box is at 1062. BUT ,IMO<>

Jay

Sunday futures -3525 spx dow off 200 at open

CME futures sunday night seem to be reflecting a NO DEAL for LEH, unless something changes between now and tomorrow am with someone in the UK.

Sun Square pluto on the 20th assures a tough week= stress & conflicts

Pressure readings do seem to indicate a higher high might still be out there on Monday, or the readings for a high have already been spent

The readings for most of teh week after monday are DOWN into at least the 18th

Oct 10th is a BIG anniv date and has some heavy astro, where that date could offer the month's low.

Jay

Get ready

A good close today should lead to a very strong OPEN on Friday @10 AM

Initially a high at 10am, and then UP again at noon, after the 10:30 low @ 90 bars.

A somewhat weaker close on Friday at 156 bars

But still expect Monday to open with a solid UP as well, but this will most likely emulate Spt 2nd.

Jay

CYCLE LOW

As promissed, we got he 11am cycle low
Dow openned up 100 and at 11am was off 8.83 for a bout one second.
Now at noon is up 117 and promissing to go higher.

we should get 150 pt rally by the close

looking for a short term trading high on Monday Spt15th- could be one of those 300 pt one day wonders.

Jay

ASTRO effect

You dont have to be a believer to observe the effects of Jupiter TRINE Saturn
Jupiter = Expansion and usually in a BIG WAY
Saturn represents responsibility

SO, Now you know WHY the FNM and FRE bail out happened this wkend.

Tomorrow, the bears are back in control as Venus, the planet of Love and Money, Squares Jupiter.
A complete reversal of euphoria..

Now, dont expect a crash, ITs not going to happen, but a good take away will occur
as mentioned b4, the 13 day (84.5 hr) cycle LOW is Wed at 11amalong with 204 bars at 11:30-
You saw part of it on Friday at the 11:30am LOW

The rally started today, however is NOT over
Still got a high coming Early Friday

Jay

Monday rally as expected

Its now Sunday Spt7th at 8pm

CME futures on NDX are UP 37.25

Spx ftures are UP30.50

As expected a WHOPPER open and strong rally day

Any gains for monday are expected to be short lived as Tuesday could be a complete take away day.

Jay

Timing the Low

Many of my associates are screaming crash- BUT me thinks they are too abundant

Next week is MIXED with turns

Bradley turn on 9th.
8 day low on 9th. also matched timing

9 day turn on 10th @ 11am also = 84.5 hr low & turn
coincidentally matches the 204bar cycle low.

SO, how low is LOW ?
Did we get there Friday and now we are testing the low , then moving somewhat higher against the larger downtrend ?

ThursdaySpt4th appears was an 8 day LOW= 52 hour cycle @ the close which actually ended at 54 hours on Friday @ 11am; Why? because there was a 65/66 hr cycle also due at that point which override the Thursday cycle.

the 66 hr cycle is 78.6% of the 13 day, 84.5 hr larger cycle which hits on the 11th @ 11am as printed above.

From there we should see the market move higher into Friday morning b4 running into reistence and resuming the downtrend for next week.

How high is high?

Possibilities
NDX recent high was 1973 and low was 1743 = 230 pts
230 x 38.2 % = 88 + 1743 = 1831
You can do the math for 50% & the other indeces.

Monday should still offer a strong rally day.

Jay

THANKS

thanks for the acknowledgements

repeating
Today has the potential for a 1:30pm low, and a secondary low @ 4pm OR open on the 4th.

Still got a huge rally expected for the 4th, at least a one day wonder, unlike the open on the 2nd which was a 10 minute blastoff and crash. over 500 pts in one day-.

Jay

blast off

No way to catch that one, and I was not going to buy in last Friday

However, Astro and bar cycles appear to be in sync for a down day tomorrrow till at least 1;30, and maybe even the close

Astro negative hits @ 1;30pm which coincides with 126 bars
156 bars @ 4pm could drag the mkt lower at the close OR the OPEN on the 4th- which would make a great call buy opp.
The 3rd whole day is influenced by a SUn 90 Saturn at 10pm. provides a serious & hard working tone to the day.

4th still ahs potential to make it up to spx 1312, if not later today which would be a great place to short today, looking for that 1;30 pm low tomorrow.

Jay

Bar cycles

So, NOW we see for real the power of bar cycles

What's next week ?/ Hurricane Gustov, and Hanna- what a pair, hope they blow away

Next week might start out a little sloppy, but thats OK with me as it offers an opp to buy some calls at reasonable prices b4 they blast off- Yes thats right BLAST OFF !!

Spt 4th has the best chance of TOPPING and making a HIGH of the month.

Spx got to 1300, and the goal is NOW 1312.

Then 1343 is the next M-Math level. But i doubt we will see that #.

Jay

SPX 1300

Now there's a number that should draw a response.

I know I posted that spx level as a potential peak level, but I thought it would come next week. Are we still on track for a Spt 4th High? YES, we are.

However weve got a tough new moon Saturday,and Gustov still heading at the Oil rigs for the wkend:

Hmmmn, has anyone else ever noticed, we get hit by hurricanes when the mkts are making LOWS, or am I alone with that observation?

Even tho, my scientific observations seemed to point toward a sell off today, we got a decent rally instead, BUT what does that say about tomorrow. Friday is the day after a fibo grouping, and facing a new moon indicating that we should keep secrets-
Strange also that ANYTIME, i get a reading that says we should keep secrets, the mkt plunges, and the reverse when the reading calls for NO secrets.

the PC ratios indicate selling tomorrow
Jaywiz index has become a little unreliable lateley.
Midnite lows and highs have been off by a day at times and this might be one of those times.
My friend, Coy Morphew, reports the futures and his pather indicates a down day.

126 bars cycle @ 11:30, an AM low
156 bars cycle @ 2pm afternoon low
Now the big event I mentioned b4 is 180 bars which WILL STRIKE at the OPEn tomorrow and in 15 minutes or less could wipe out more than 50% of today's gains and continue to head lower till the MAIN 258 BAR CYCLE @, yep you guessed it (( 4pm))

Now in this case we would expect the 4pm cycle @ 258 bars to hit exact rather than on Tuesday AM.
What does that say about Tuesday? I mentioned it b4, we should see a very strong day on the heels of a major drop in oil prices. Remember FEAR is worse b4 the event as we expect the worse , but will rejoice when its over.

Best for now
Jay

OIL

What garbage- Oil down 3.00 and the MEDIA wants to attribute that drop to Gustov NOT threatenning the oil rigs- HEY guys that storm is still 4 days away- what chustpa to attribute a price drop to such a nothing rumor.

Today is a confuence of fibo cycles and a 9 day turn which means things should go the other way tomorrow, and possibly in a big way, especially if the mkt gives up most of its gains later today.

there is a 180 bar cycle @ 4pm which frequently influences the next day open and if you remember last month we had a 60 bar open and the dow was off 130 in the first 10 minutes, & tomorrow this might show a repeat of that type of event.

Jay

Right on schedule

high @ 2;45 today hit right on schedule

Tomorrow could open with a THUD @ 90 to 102 bars

Tonight has merc 90 pluto @ 9:35 pm and a VERBAL war could erupt- somewhere- most likely Russia & US or Iran. Or we might be surprised by someone's speach tonight
waging verbal war on republicans.

Gustov charted for New Orleans- just when we were getting a break- Remember I posted gas prices to get to 3.50, i just paid 3.62- buts thats all she wrote> Grr.

Expect a low on Friday, maybe extending to 1pm, then a late recovery.

28th is midnite low and at 6am the next morning, we get Venus 90 pluto;
venus in Virgo make her very picky & insecure

When Gustov passes BY New Orleans with little or no damage to OIL supply, watch it PLUMMENT next week, and stock prices exlode up on Tuesday

Jay

cross currents

Today has the potential to rally, but cycles are still weak, and any rebound today should be short lived.

the 28th is a low tide day and venus 90 pluto will have its negative effect.

8:30am
Europe is recovering some from its intraday lows, and FTSE is now Up 30 pts
Durable goods report bumped the futures Up

Thursday Aug 28 is an 8 day cycle and its looking like it will be a LOW
that makes Friday a 9 day TURN and Im still expecting a lower open with a revocery

Next week's highlighted event is Spt 4th with a SUN 120 jupiter @1:42pm followed by a couple of lunar sextiles also positive energy. Should be the HIGH of month

Often, we find labor day putting in an important high or low, and this year is no excpetion
Jay

Aug 26

today was 55 june 6 which was a down 300 pt day

Tomorow is 110 march 19th which was a closing low other than the intraday low on march 17

jaywiz index = .33 neutral to negative bias

If a rally at the open, i will buy puts and wait till noon to sell and 2pm to buy calls

Cycles still calling for a lower day tomorrow

SPX 1259 should hold, but if not then 1255 is next level to watch.

Jay

Monday Aug 25th
Cycles are pointing DOWN and could start with a SLUMP.
Needless to say this was a big $$ day

180 bars struck at 3pm, and offered the LOD

Tuesday might start with a moderate rally, but Mid day offers the BUY for the HUGE rebound on the 27th.

204bars @ 10:30
228Bars @ 12:30
258 bars @ 2pm

I think that 12:30 will offer the LOD;

More $$ will be made on the rebound.

Jay

September 2008

A low on August 8th should lead to a high on Spt4th

From there a deeper low could be possible for the end of Spt which could possibly set the stage & start a mild rising trend thru March or April of 2009

Jay

Monday Aug 25th

Cycle are pointing down for the day and could start with a slump at the open.

Still got Tuesday for big Up

Wed peaking

Thursday much lower

friday starts lower , and should recover some

Jay

Friday Aug 22

looks like a big open

may not last all day, but could drop and recover by days end

Opposite of Yesterday

Monday offers a sloppy day, and one where you should be cautious and little will go right.

Tuesday promises a day of extravagance including stock prices

Wed - more of the same but could turn mid day and head lower

Thurs & friday head for the new moon and a low tide, so do look out for a possible new low for the month.

Jay

stealth rally

the 130 pt rally came off a 100 pt down open.

My cycle work was mixed today and the result is what you saw happen.

Jaywiz index is now somewhat bearish @ 26
PC ratios are neutral to bearish

heres a few things to take not of.

Oct 9 to Aug 15 = 216 tr days = 27 segments of 8
May 19 to july 15 = 39 tr days
July 15 to Spt 9 = 40 tr days = A bradley date
Spt 9 to Nov 4th = 40 tr days

Aug 22nd has a high tide
But the cycle has turned DOWN

Jay

Wheres that rally ?

Its 2:45 pm on WEd Aug 20

Got a false start today high @ 11am

150 bars @ 10am
204 bars @ 2:30- I would like to see that low HOLD at the close

Tomorrow has the astro look of a potential big Up day till 1pm

Jay

Wed Aug 20

Its now 8:30 AM on WEd Aug 20

Most of my research indicates a solid Upday today

Jaywiz index Mon = .56
Tues = .47

OEX , PC & SPDR ratios also bullish readings

84.5 hr cycle HIGH @ 11am TOmorrow

yesterday's 126 bar cycle low was due at 2:45 and looks like it hit @ 3:15- within the margin of allowed cycle time stretch.

Jay

update

Its now 2pm on Tuesday Aug 19th;

Lows hit at 10:23 at the Lunar mars 180

Also hit a low @ 12:30 on the 102 bar cycle

Now expecting 126bars cycle @ 2:45 and that might be the LOD

A rebound from there should carry them up till mid day on Wed, and from there its pretty much biased lower till 11:15am on Friday

best wishes
Jay

Has there been a trend change?

friday was an 8 day HIGH
Today is a 9 day TURN

next 8-9 day grouping is the 28/29th

HIGH energy levels are upon us today and it looks like they abate tomorrow

just what that means for stock prices remains to be seen.

Today is also 216 tr days from Oct 10th, and should /could offer a CHANGE in trend.

Best for now
Jay

Still on the upswing

Preliminary indications for a Monday high are still posible

If we get a spurt at the open, it could offer the best shorting opp in 2 weeks.

Jaywiz index shows .15 and lowest value in 2 wks

Gold dropping, Oil and commodities all making lower numbers, and should continue this week - we need lower gas prices. $3.50 or lower would be ok for now, and lower later.

Friday was an 8 day high, making Monday a 9 day TURN which should make for a WEd low
Still got potential for Aug 22nd TOP which may or may not be higher than spx1312. Several attempts to break out are common when you get intermediate uptrends. Many still expect the july 15th low to be tested, and thats my lead for the next paragraph.

My19th high @ 13,000, and spx 1440
Jly 15th LOW was 40 trade days and Dow 11,000 with spx @ 1200

There was an NYSE record of 1304 new lows that day- so we should be watching NOW for a lower SPX, NYSE low with LESS new lows for the day in order to say we have seen the BOTTOM. IF there is a lower low with MORE new lows, then we havent seen the bottom

Spt9th is the next important Bradley date and is coincidentally 40 trade days from July 15th

Add another 40 trade days from there takes us to Nov 4th, AH yes Election day and Ive mentioned it several times over the past few months as having a grouping of tough aspects occurring on the 3rd and 4th.

At the Spt 9th date, there is a large grouping of MIXED aspects on Sun the 7th , 8th and 9th which dont appear
to be abundantly negative, thus I think it would be prudent to consider that date a high. In between, however, as mentioned above we have a possible high on Aug 22nd, and now we are thinking a low on Spt 3th with potential rebound to the 9th.

All in All the Fall usually is a tough time for stocks, and with an election upon us accompanied by some very difficut aspects, I would venture to say we should not expect anything in the way of a strong rebound until after nov 4th. In other words, another rebound such as July 15 TO Aug 11th is not expected, but a NEITHER is a CRASH


Best for Now
Jay

NOW WHAT ?

OK, they got to 1312 on monday at about 2pm
5 days Arms = 87.4 indicating a short term sell
5 day trin = 437 - Ditto
10 day trin = 968 Ditto
P/C ratios neutral

July 15 low to Aug 11 high = 18.5 days
July 15 to Aug 22 = 28 days
28 days less 18.5 days = 8.5 days

1/2 of that = 4.25 days
Aug 11th at 2pm + 4.25 days = friday @ 4pm

It appears we got a rebound from the low which = wave "A"
guessing that we will have a 3 wave structure of A-B -C

Where's "B "going??

240 pt loss X 50% = 120
1200 + 120 = 1320, Ok we got to 1312, close enuf
120 pt gain from July 15 x
38.2% =46 which carries out to 1266
50% = 60 1252
61.8% = 74 1238

So, we have a range of 1238 to 1266 by friday Aug 15th.
where does that make numbers for the week after? good question.
August 22 nd should find the market ending at 1340 area which could offer a 600 to 800 pt dow rally that week. Astro is lite and positive that week.

Best for now
Jay

Thanks for the encouragement

Weve mentioned the math b4 and here it is again

SPX 1440 -1200= 240 X 50% = 120
spx 1200 + 120 = 1320
its also 3 divisions of 40 pts

Same with Dow
14000 - 11,000 = 3000
50% retracement = 12,000

Will we get there on Tuesday?

If Monday drops UNDER well under 1280, then any rally on Tuesday might not make it, but the reading I have is quite positive.
1320-40 = 1280, and yes its that simple

Ive added a 5 day ave to the Jaywiz index, and it is at historical highs measured against the past
FEb 26 = 47.5
Apr 1st = 38.9
May19 = 35.6
Now = 48.7
After Feb 26th, the dow fell 1000 pts into May10th. - just 8 days

Eclipse such as this wkend can go either way but usually accentuates the most current trend
and the solar eclipse on the 1st was within a decline trend.

Best for now
Jay

RE Group

ive taken some time to re analyze why last week was so bad for me, and I think Im back, but we'll see next week

The Jaywiz index of 1.10 on wed should NOT have been pushed aside as it became obvious as the day progressed on Friday

Some of my data was mixed and thus I could not be sure of my projections

NOW here's what we have:

Jaywixz index = .84 and is also indicating another Upday, but not neccesarilly on Monday

Monday opens with a 90 bar cycle, and the futures did close lower friday- we can see what they read tonight at 6pm EST. the 90 bar cycle means a SHARPLY LOWER OPEN, and the readings for the day are quite negative.

SO, any rebound off Monday should occur on tuesday which has a much more positive reading

But from there Im expecting a strong sell off into OE on friday

The absorption level on Friday was a 7
and the reading for today is 17, which indicates selling

Ive still got some conflicting data, but Im still going to project a lower day monday.

Best for Now
Jay
PS, its amazing how your comments are totally lacking during the 2 weeks I nailed the market, but I miss one day and someone is ready to fade my work.

Friday Lower

most of my data prefers a lower day on friday, and for now Im sticking with that game plan.

90 bars cycle @ 4pm

today hit highs at 1pm, and the rest of the day was lower
3pm @ 258 bars , thus start a new cycle.

Since the market dropped lower AFTER the 258 bar cycle, it means to me LOWER.

8th is the open ceremony of the Olympics on 8-8-2008 : add the digits = 8
8 is Saturnian in nature , but represents good fortune for Chinese people.

Jaywiz index yesterday = a whopping 1.10, and today =.52

The last time we watched a build up we got big days on 29, & 30th

Im going to get into position on Monday for a HUGE one day rally on Tuesday, and again on Thursday, but maybe not as strong.

IF you remeber what I wrote WAY BACK when, I projected a HIGh at the August 16th ECLIPSE and thats just what we will get.

Dow High 14,000 - Low @ 11K = 3000 pts
50% = Dow 12,000
Can it be that simple? yes it can.

spx1200 + 120 = 1320, and ive mentioned that several times last week.
thats also a 50% retracement

But watch out afterward as rumors are spreading around the web for possible terrorist actions in the next few months at malls, airports, sports stadiums, etc. and reaction by the US military. In Israel, a discarded valise is cause for alarm by every citizen but here it might even get stolen by some shmuck thinking its got a $mil in it.

Nov 4th - has Saturn 180 Uranus & Mars square neptune & venus Square uranus & Venus Square saturn
those combinations are very severe, and very unfriendly to human behavior, so theres NO telling what will happen on or near Election day

Best for now
Jay

Wed game plan

I think Im going to stick with my original assesment of WEd and Thurs

Which means short a higher open (buyputs) and sell at 3pm

Same for Thursday, or maybe hold for friday @ 3pm- I dont like to hold overnight anymore, but this time it might be ok.

Jay

Wed Aug 6th

Wed Aug 6th is a midnite HIGH TIDE DAY, which means the day should close on its highs

Its also a MAJOR convergence day with Multpile fibo and other cycle convergences

However, the Afternoon at 2:50pm has some heavy duty astro that can back stab anyone's rally.

Some of the data i have indicates a possible LOWER open, rally till about 1pm, then a sell off into that 2:40-3pm time zone and a huge rebound in the last hour.

We are at spx1284 NOW for the 4th time in a month since the July15th LOWS. 1291.17 was the HOD previously THUS any break above that with volume could get the SPX to 1320; Gee, I did mention that number last week.

SO, If I dont go long, then Ive got to hold out and buy puts on the close or wait for the open on Thursday.
Today i sold out early, but Im satisfied with the results.

I might have to sit this one out. Now, you know that wont be easy. (G)
Jay

Game Plan

Bot calls at 1pm on Monday and sold them at 10am on Tuesday and got 30 pts
Sure its higher at 2pm, but I dont care. ive got other things to do with my time.

As for Wednesday,Aug 6th, Im planning to Sell the open at about 10am.(buyputs)

I am expecting to sell those puts at 3pm

Repeat the same process for the 7th.

You could hold them till 2pm on the 8th

Hope this clarifies how to trade this week

Jay

monday 11am update

Still flat line so no advances as of yet.

Could take till the 258 bar cycle @ 1pm

Or just the last 30 minutes from 30bars @ 3:30

The calls prices on qqqhr are really hanging tough @ $1.25 area ,but did hit a low of $1.15

Ndx did NOT quite challenge 1800 as yet but did hit 1805

Looks like Today will require an all day vigil
so what else is new? (G)

Jay

Monday Aug4th

Today looks like a lower open following on the last 30 minute downtrend on friday

However,
from the data I collect
It looks like BUY calls on the lows at probably 10;15 to 10:30, and sell the OPEN on Tuesday at 10am OR if you want, just hold till about 2pm where a secondary high should set the stage for a lower close.

Jaywiz index = .28, not bullish , but NOT overly bearish unless it counts for today's open.

A run to spx 1290 by tomorrow afternoon would not be out of the question

Jay

LOWER away

WE got to SPX1290 on the 23rd with a close of 1282
then 1234 on the 28th and 1284 on the 30th

It looks like an ABC rebound off the 15th low of spx 1200 intrady.

SO now we have the potential to take out 1200 in the next few days

Today closed as expected

tomorrow indicates lower all day with a last hour potential rally

180 bars @ 1:30
204 bars @ 3:30

Fascinating time coordination this week
Monday LOD @ 3:50pm
Tuesday HOD @ 3;50pm
Wed HOD @ 10:30am
Thurs HOD @ 10:30am

Huge multiple time convergence on the 6th
Best for now
Jay

july 15 low

What we have is WILD swings in a series of A-B-C's
You can clearly see 3 wave structures in both directions, or at least I can.

the july 15 low and subsequent rebound is still in effect and hasn't finished its trip to the top of the mountain.
But As for tomorrow, I have preliminary indications of a low @ 3:30pm at 126 bars, and You can see the potential for a DOWN leg to complete another 3 wave structure.

spx lost 240 pts may 19 to july15
240 x 38.2 =92 + 1200 = 1292, and we almost got that today.

A 50% rebound = 120 + 1200 = 1320, and that could be the final goal, BUT NOT tomorrow

New moon solar eclipse should set the stage for tomorrow's, among other data that I have accumulated.

Jay

Aug 6th time conversion

34 tr days from Jne19
55 from May19, a high
81 from Apr10, a high
110 from Feb 27, a high
117 from Nov 26, a low
122 from Feb13, a high

Eclipse date is Aug 1st @ 6am
Aug 6th = Mars 180 Uranus @2:38 pm
Merc 180 Nptune @ 2:42 pm

readings that week are wild;
Monday, Aug4th calls for a roller coaster type day, which, imo, hold onto your _____
Tuesday Aug 6th reads Improvement over yesterday
Wed Aug 6th calls for Accidents, tempers & highly volitile
Thurs & fri are rebounds.

As for today, we got exactly what was expected. a 10:30 HOD failed to hold and they are selling off dramatically and will continue into the 31st;
Bar cycle for 31st = 126 b @ 3:30 which should provide a low .

best for now
Jay

Eclipses

August 1st and Aug 16th
August 30th a second new moon in one month. very rare occasion

As projected , the market had a good day today
the HIGH jaywiz index readings did show its stuff today- delayed reaction

Many major declines or so called crashes have occurred during eclipse months, usually b4 or after.
Jan 22nd was a full moon, but the eclipse was on FEb 6th, 15 days later.

This time, however, we have a Mars 180 Uranus in between on Aug 6th, and that could tip the scales in favor of a large decline starting on the 4th.

I can't stress this time period more. as it might be one of the most important market events this year.

Today's rally into the CLOSE was helped along by a Sun 0 Merc @ 4:05pm, just for those of you who still dont understand the relationships of our planet to the cosmos.

Science has many studies linking solar and cosmic forces effecting our planet, especially people and behavior.

heres a bit of news - LA quake 5.8 talk about cosmic forces-- whew

Jaywiz index today = .26
CBOE pc ratio = .84
OEX pc ratio = 1.00
but more important SPDR ratio = .80, a drop from 3.27 yesterday

Oil down to 122, looks ready to give a $5.00 pop
Gold down $60 in so many days also might pop

best for now
Jay

power is upside

the 29th has potential to rebound all day.

I will buy on a lower open and most likely sell the close

One day rebound is overdue

the Jaywiz index = .29, not strong by any means, but dont forget we had 3 high readings last week, and in my experience, there is sometimes a delayed reaction

Spdr pc ratio which was 1.00 on Friday is now a whopping 3.27= a buy

Arms index = 1.65 and that indicates a lot more selling to follow, but not tmorrow.
Thursday's arms index was also only 1.57

Note : In order to get a strong bottom we need to see the one day ARMS index
of at least 3.00 or higher and would be even better back to back.
Thats called a CLIMACTIC ending when yuo get 3 days back to back with high Arms ratios

We could get that on the Aug 4th to 6th action

best for now
Jay

down monday indicated

Preliminary indications are for a down Monday
Jaywiz index = .34 mildly negative

It looks like the Jaywiz Index high numbers earlier this week had little effect as the SPX 1290 threashold resistence level might have been the top of a 90 point rebound

PC ratio = .83 and is negative
Vix = 22.91
Spdr ratio = 1.00
SPX 500 ratio = 1.25
OEX ratio = .35 and is extremely bearish, if I got the right data.

Consider the LOD was at 3:30 and the 30 b low cycle @ 2pm, then in my experience, the trend is still DOWN

The 60 b cycle is @ 10am and indicates a sharply lower open as we also watched that occur recently as i mentioned last week.

The Eclipse on 8/1 at 6am seems to be a natural magnet for a low as most new moons seem to be, but this one is enhanced by the solar eclipse.

Aug 4th to 6th has some heavy dute astro events which could settle the dispute over the bottoming process

best for now
Jay

Noon on July25th

YO can see a number of thisngs from this chart

1. the OBV is DROPPING

2. the Ult oscilator is declining

3. the dow made a second attemtpt to move higher but stopped at the 85 level, and the balance of the day should attemtpt to stay afloat

The 258 bar count cycle was @ 11:30. and there was a low at that time point, but he dow is dropping lower AFTER the completed 258 bar cycle, and is starting a new one & going lower.

A LOWER close today spells a very serious day for Monday.

best for now

Jay

Another view

You can also view this week's drop off as an ABC
today would be looked as an X wave
that leaves another potential ABC for next week

which means at least another 350 dow points or more
best for now
Jay

SPX sell signal

Thanks to Ethan, this chart shows the SPX has broken support and is now on a SELL

Jay

today's potential

This week off the intraday highs on Wed.

Dow High = 11,697

Dow Low yesterday = 11,348

Difference = 350 pts

From high to low looks like 3 waves

that means to day is wave 4

wave 4 can reach 38.2% of the loss

350 x 38.2% = 134 pts + 13348= 11482 is the highest potential

the first rally got to 11,443 which = 103pts = 29%

is that enuf? -- maybe

Once wave 4 is complete, they give it up to wave 5 which usually = wave 1 but could also be mcu worse.

We have some indications that show the market dropping all next week, with of course soem intraday lifts, but nothing that sticks until Aug1st.

Jay

BITE ME !!

Down from the start & NON stop tot he close, But you already knew that
and of course you also know that's exact opposite to what my work told me for today

I wouldn't rule out a rebound open, but If that happens, I will be shorting it as I had expect to go short at todays , chhmmm highs

Time& cycles had posted a high for the 25th, and I had the 24th, - both of us appear wrong.

No I dont expect a big rebound tomorrow, on Friday.

More later
Jay

Jaywiz Index

Jaywiz Index = WOW WOW a whopping .88

Except for the open , most of tomorrow should be a screamer.

using Murrey math levels, the spx closed above 1281, and the next level is ( 1312 ) they might get to 1320 b4 giving up at least 1/2 of the day's gains


Spooz close virtually flat, but ndx is up 850
Ndx which was suffering on Tuesday, but came alive today

july24 is 8 day high
july25 is 9 day turn

Update in the AM if anything changes about the open.

best for now
Jay

Just as described

Nice volatility today as mentioned yesterday

Got in early and out late;

Tomorrow opens with a 90 bar cycle @ 10am and should slip into that low, but maybe not as severe as today.

but once again the day should recover and move higher.

today's Jaywiz Index is , Yup a wildly bullish @ 68, so whatever we got today is going to be superceded shortly;

remember that the 24th is an 8day high and the 9th is an 9 day turn, which could be higher intraday, or not.

Time and cycles has the 25th for a high and 8/1 as a low which is a solar eclipse day.

best for now
Jay

Timing stats

July 22nd = 110 tr days Feb 13

july 22 = 55 tr days May2nd

Wed = 89 tr days / march 17

But more important
24th is 8 day high
25th is 9 day Turn

24th is 90 tr days march 17
&
200 tr days oct10, 2007

24th is Midnite high and moon cycle high

Spx 50% retrace = 1320

Tomorrow could be day traders delight with large moves in both directions.

Jay

Slow DRIP

Not the kind of day to make a lot of $$

It would appear the 259 bar cycle truncated at Friday's close @ 252 bars,and according to Stan Harley who discovered this cycle, thats allowed as most cycle do expand and contract frequently.

reminder, in case you forgot~~~ALL BAR CYCLES ARE LOW POINTS

So what happened after? as long term readers know, the cycle starts over once 258 bars have completed.
Today's 30 bar cycle @ noon to 12:15
Today's 60 bar cycle was perfectly timed at 2;30 to 2:45

The closing Spooz are Minus 1250, and that should offer a sharply lower open, and almost vindicate my call for a dow off 200 pts. starting from the open today was 11,505 , we could be off 150 from that level at the start, but that should provide a very good opp to buy calls as the day should improve for a mid day high b4 dropping off.

Jaywiz Index is mildly bullish @ .43
Oex pc ratio = 1.20 ~ ditto
spx 500 pc ratio = 1.96 ~ ditto

Vix still dropping @ 23.05

Today was a 70 year Gann convergence. for whatever that might mean to some one.

Best for now
Jay

Bar cycle count

Friday was a difficult day to read the bar ccycles as they were not well defined.

However, as best as i can read, heres the cycles for Monday

258 b cycle @ 10am, AND if they make a deep cycle low at that point, it might be the LOD, but i doubt it as the
Sunday night 7 pm Spooz are virtually flat.

As long term readers know, the cycle starts over After 258Bars.

30bars now cycle @ 12:30
60bars cycle @ 3pm

you will remember the open on the 11th was exact @ 60bars, and can be quite exciting.

Im still expecting a lower day Monday, and a Lower open on Tuesday to buy calls at premium prices.

The week from there looks higher with a more solid runup on the 24th where a couple of geomag cycles converge.

Jay

rally will continue, but

The rebound will continue, but monday should offer about 200 dow pts OFF

From there, however, the rest of the week should trend higher to an SPX high of 1292 - 1320
Why those #s
240 pts was the loss
240 X 38.2 = 92 which is 1200 + 92
You can do the math for 50% retrace.

I was under the impression the market would drop into the Eclipse on Aug 1st, but that doesnt seem to be what we will witness.

What about oil? After Monday, it should continue to drop down to hopefully the $100 level or less.
Can you imagine were hoping for $100, amazing, last year we were UNhappy with $65 oil,,, Ggeeesh.


Jayiwz index this week;
mon = .23
Tues = .20
Wed = .41 ahah - see the rally firm up
Thurs = .25
Fri = .22
The BEAR pressure is still in effect, but might be weakening

best for now
Jay

Success

How many people in this world can prdict a 500 pt rally 2 days prior ???

Someone tell Donald Trump

No, never mind, I really want to keep this a secret

Now what; You ask

Casey lowers the boom, thats what

I told another member of a web group to expect OIL to drop like a rock the last 2 days , and of course to me that was a no brainer considering i was looking for a run up on the dow.

Today's low of day cycled @ 11:15 at 120 bars
another minor dip @ 160b at 2;45 - was supposed to be @ 1:45

The NEXT 2 days should sell off severely into monday

Best for now
Jay

good money day

today turned out to be a good trading day $$$$

Tomorrow should duplicate today till 3pm

Today's cycles
30b @ 10:20 today was a buy in , even tho I missed the earlier low
60b cycled @ 12;45, very minor dip
3;15 hit @ 90 b also

Im trying to reconcile another cycle today
11:45 & 2;15 were more prominent lows

spx should make it to 1271-1276 tomorrow at its highs.

Jay

rally continues

Even tho Im fighting it in my mind, the data i rely on says we go up thru the 17th.

Full moon on 18th @ 3am influences the 17th as positive

I dont know If I will buy the open lower today or not, but according to my data, I should.

18th calls for BE FLEXIBLE, and to me that means a CHANGE in direction.

Jay

Downtrend will continue

Sell any morning rallies

the market will stay in a downtrend until at least the Augst 1st Eclipse

Jay

Rebound still possible

got a 250 pt rally but Haha, it came off a 200 pt decline = 450 pt day;

got in calls this Am and sold them later for a very nice money day.
Took ____ to buy calls this AM , but my scenario was good, and I bot into it.

Tomorrow still looks promising for an UP day; However, Im planning to SHORT it, as Thursday and Friday look LOWER.

Jay

Rebound due

Any rebound next 2 days is extremely short lived.

Downtrend is still in effect

Spx held 1225 - under 1219 would have dropped quickly to 1188, but not now

Charts edge has them dropping all week. WCA had today right and rebound tomorrow.

Today's lows
150 bars @ 10:30am
180bars @ 1:15pm
204bars @ 3;20pm

Tomorrow could open a little lower @ 10:45 = 226 bars, but its not a must;
spx futures closed flat
q's show a little lower open.

Jay

Sunday 7pm SPOOZ

SPX futures are UP 12.30 indicating an up open X 8 = 100 dow points

As I wrote the 11AM trine is very powerful

But It doesnt look like it will be very lasting

still expect lower for day

Jay

Monday LOWS

July 14th should bring in a very short term low
spx 1200 to 1188

the rally on the 15th and 16th will look Spectacular, and most likely be led by financial stocks
ndx should get at least a 100+ bounce
spx + 60 or more
dow + 500 or more

oversold bounce really over due but downward cycles still in charge

8 day low due Monday and turn on Tues.

early scientific readings are confirming lower for Monday
will be able to get better readings later Sunday

Jay

Whipped

Monday July 14th is the Capitulation LOW, for now short term.

Midnite low tide

Day after bradley on 13th = 14th

8 day LOW

Scientific data indicates a low

Spx should break 1219 and hit the 1200 mark, ---- could go as low as Murrey math 1188

258 bar cycle started new @ 10:30am on Thursday
60 bars hit right at the open
102 bars then cycled @ 1pm low
the close is 6 bars short of the next important mark which will be

144b @ 10am on monday's open should be lower till 10am.
Then there is a sun trine uranus at 11am which should mark a rebound high, but from there its straight down to 3:30 @ 204bars or 3:45 pm

Jay

early highs gone

Typical bear market action- love them at the open and hate than at the close.

July9th puts an official bear market stamp on the market

bar cycle today has a potential low @ 1:45 to 2:15

90 Bars cycle at 9:45 on 11th has potential to mark a very short term low.

Would then look for a high on Monday @ 11am; downtrend to continue into the 15th

Jay

Renewed CRASH Alert

Today's action renews the CRASH alert posted last week.

Need I say more ????

I dont think so.

Jaywiz index Monday = .14
Tues = .28
Wed = .26
Merc 180 pluto is like a snowball on a downhill slope which becomes an avalanche
mars 0 Saturn = WAR & a DOSE of Reality
Bradley date looks like a LOW or not even, but just a part of a declining trend into the August 1st eclipse.

Jay

Notice the wave from 10am to 11;30 forms in a 5 wave set with wave 4 overlapping wave 1
Under Elliott rules, this is considered a failure wave indicating a change of direction as you can see from the folow up decline.

Also note the OBV is in a steady declining phase from the open with only a minor bounce at 10;30.

Macd also topped at 10;30

Ult osc topped at 11am

Jay

back to short term

Expected a high tomorrow, but today is just fine;

Gonna get wild and crazy this week and next

heres the outcome

Down into 10th mid day
up thru monday july14th at 11am
down into 15th
up into 17th, down into 22nd

Drive everyone crazy except day traders who can catch the waves.
Jay

Crash mitigated for now

Even though there has been a lessening of a CRASH potential, we still MUST be vigilant of a declining market from NOW till Nov 4th and maybe into December

I use NOV 4th - NOT due to political reasons but for cycle events

I'm Still focused this week on July10th @ 2;15pm
Interesting the LOD on Monday was @ 2:15pm at 90 bars

Using the progression that I mentioned b4 we might look like this;
spx hit 1440 on May19 & May30
1440 - 40 pt segments to 1260 = 180 pts , and thats 4 X 40 =160 + 20
now that leaves another 20 pts open, but wait , we got that Monday !! SO, is that all there is?
well Maybe---
Using Murrey math; the break under 1250 would infer a test or close of 1219, and yes it would seem we got that, but July10th is still in the way of a rebound, so another test of 1220 must be viewed as quite possible..

Also keep in mind we are in a market that is the antithesis of the rising trend that held the bulls attention for 5 years from 2002 to 2007. SO that means EVERY rally is suspect of being a selling OPP.

The Bradley date of July6th may have brot in a short term low on the new moon of the 3rd, but there does not seem to be ANY support for a sustained rally.
In addition, the next Bradely date is July13, and it might turn in a VERY SHORT TERM high with a rebound late on the 10th ending on the 14th mid morning, and that would encompas the 13th date.

The bradley model has been right on track this year and it now shows a sustained decline from here to Dec15th: - so AGAIN we must be wary of the potential for much further declines this year.

best for now
Jay

STill coming

looks like I got my Monday and Tuesday mixed up.

WCA has the same depiction

Today so far we have the OBLIGATORY dow +100 pts

Erik Hadik says dow 11,437 is the threashold at this juncture.

A Sun 180 jupiter takes over and is related to stress and poor communications along with Merc 180 Pluto on the 10th, but the BIG GUN is Mars 0 Saturn on the 10th. That will call in the chips and bulls will throw in the towel.

Jay

One day at a time

thats the way the market works so why shouldnt WE.

Brokers tell you to look over the valleys and hope for the mountains. You dont NEED the money now, so why worry, be happy- no seriously, the market has spoken and it is in BEAR trend, so IF your long term, I would take steps to protect the value of your portfolio.

Monday is scheduled to open DOWN- how far and how long? that is the question
As for tomorrow, we can envision 2 scenarios
1. the LOD on Thursday, ( seems like ages ago) was at 10:15 @ 259 bars; If we add 70 bars its gets us to 329 and that would hit @ 9:45 am to 10am.
2. If the 259 bars cycle closed out @ 10:15, then the next cycle which became clear at 30bars @ 12:45 low would take us to 11;30am @ 60bars.

There is astro to suppport a 11;30 low as well as 90 bars @ 1:46pm.

Once the low is set we should see a rebound but still lower close.
another interesting point about astro- Venus trine Uranus on the 6th, is often found hovering just b4 a major decline- which was also a bradley date.

Im still gettingThrusday @ 2pm if my bar count is right which matches an important astro event at the time.

best for now
Jay

Potential crash next week

Yes !! -- this a REPEAT WARNING !!!!

Ive given you the data b4- scroll back

Now we also have a convergence of longer cycles on July22nd

54 tr days goes back to May6th a previous Bradley date
360 trade days goes back to FEb 20th, 2007, just prior to the 415 pt drop on the 27th
500 trade days goes back to July 23, 2006 , the mid year low
110 tr days Feb 13

Best for now
Jay

Potential crash next week

Any rally today as the futures are pointing higher is doomed to fail later today.

I've been out of touch the last few days as I was traveling and now entertaining family from out of town all this week.

However, I did post very important information about July10th as a potential short term bottom, and you can scroll back to get all the data.

After a few days of failed rally attempts, the market appears doomed to take a bigger plunge next week with July10th as the focus.

best for now
Jay

8pm Update

Just to clarify in case I was incomplete

The market should open higher

lows for the day
30 bars @ 11:30
60bars @ 2pm

That means the end of the day should close on the UP side.

The outlook for the day calls for flexibility as CHANGE is in the air

Jay

Monday

I will be travelling Monday, and Im becoming reluctant to trade.

The market last week favored 11:30 and 2pm time frames + - 1/2 hr.

Monday has a 30bar low due @ 11:30, but my propietary work indicates an up open which is just the reverse of Friday as it should be coming off the 1:45pm low @ 228 bars, but a little late.

Since 11:30 am is ample time to end an opening rally a respond negatively, I would tend to buy puts by 10 to 10:30, and sell them at the 11:30 time slot;
For me that would give me plenty of time to pack & get ready to leave at 1pm.

As for the rest of the day, I would expect a continuation of chop possibly ending near the lod.

Tuesday might be more of the same, but I dont really have much of a handle on the day, and i will be out of touch.

The best bet for the week will probably come on WEd when I do expect a rally to extend into Monday July7th.

Jay
Jay

Was that THE bottom ?

The bottom of WHAT- just like stores offer discounts 50%- 50% off of WHAT?

Most bottoms are clinched when ALL the major indeces hit it at one time - AND That is JUST not the case right now. so where are we and what just happened.

So far we got
DOW breaking to new lows.
SPX not breaking under 1260, the March 17th lows
NDX closing the April18th gap

I have posted some of the data that analysts have been looking at
However, we did get a 109, or 110 day low from Jan 22nd and of course that important
717 lunar months ended on June29th
Some have June30th as 42 calendar days from may19th
needless to say, if you read back, you can get a jist of the data available for a low on June30, which may have already occurred on the 27th.

whats that ? you ask- you only want to know what Im thinking. Ok; lets explore.
Jaywiz index = .23 on Thursday, and .22 on Friday- both bearish.
On the 24th, My own propietary adv dcl index = 259, & volume index = 323 Indicating a low was about to occur. as you remember, when these values drop under 400, its an alert to look for a low.

Oil is the word of the day, at least for last week, and should continue to hold our attention until it drops firmly under $100-- haha fat chance. however, whatever is parabolic on the upside, reverses with equal force.

As you have read on my previous posts Im looking at July10th as a more important point of reference for a major low; But before that we are about to get a relief rally next week into a high on july7th.

As for my trading on Friday
I bot puts in the first 5minutes and sold them b4 11am ,little early but still satisfactory

As for Monday, I will report on Sunday

best for now
Jay

More to come

read timeand cycles blog spot

Ian insists June30, and major major low, and for now he looks to be right

But as I posted july10 does look MORE important

For now, however, if they do break under spx1262 today and recover then Monday might offer the same action.

the SPX FUtures closed UP 300- called spoos by the pros and that should give the OPEn a big boost of at least 100 dow points, and according to my scientific data feed, theres LOTS more selling coming on the 27th.
Its 110 trade days from jan 22, or 109 from jan 23rd, take your pick.

bar cycles @ 1pm, and 3pm, but yesterdays bar cycles were 1/2 hour late.
jaywix index for today = .23,
Oex PC ratio = .67
both bearish

I told you that OIL would be a catalyst for lower stock prices and there it is________140
It would appear there not done yet

Best for now
Jay

Stealth rebounds continue

markets rally and go nowhere- NO rate cut. DUH what else should we have expected.
CNBC is touting rate hikes- Yikes;
However, this stalemate should = higher Oil and lower gold, and of course higher oil means lower stocks at this juncture in time.

a few things have come to my attention;
the market last few days even though in the 22week cycle has not and will not produce a major selloff

July10th is the NEXT BEST date for a severe selling bout
July13 is a Bradley date
July 10 is 245 days from July19, 2007
Is 80tr days from March 17th= 10 segments of 8
IS a cluster of hard astro aspects
Is 110 days from Feb4th
IS 192 tr days from oct9 = 24 segments of 8
Mars 0 Saturn - it means the party is over & you will get sober
Merc 180 Pluto = liken to a snowball rolling downhill in the snow.
42 Calendar days from May30th high
9 months from October 10, 2007 = 270 calendar days OR 34 segments of 8 = 272 days;

SO, a large number of identifying characteristics fall into one time period and one day= July10th.

Tomorrow has a 126 bar cycle @ 10:30 LOW, and should make a 2pm high on the 13 day low to high rotation from June9th - NDX made an initial low on June9th at 1950 and that was today's high as will be tomorrow.

Contrary to my prior statement, I would NOW expect a sell off on Friday into Monday June30 @ 11:30am
Friday has the potential for a low @ 3pm @ 259 bars.

from there a rebound into july3rd sets up a smash the week after ending on the 10th.

Best for now
Jay

Stealth rallies ??

Thats a rally that did NOT occur, and once agin it came off an lower start, but thats exactly what I wrote on friday - 11am to 11;30 did offer a 3 hour buy , THEN sell at 2pm, but 4pm was a bust;

Ok, weve got Roy Ashworth offering the Hindenberg Omen
We are at 108 tr days from Jan 22 on Wed
we are 110 tr day from jan 22 on friday

Split the middle and that gives us Thursday WHERE there is also a 13 day(84.5) hour cycle from June9th and thats @ 2pm

WCA and charts edge are both expecting a big down day on FRIDAY, but MY work indicates just the opposite for friday; also note that Saturday has a reading that calls for fun and games and its a keeper type day;

So, given the 22 week cycle culmination this week, i would venture to guess they will move up into July4th week from the lows on June 25/26th

best for now
Jay

monday June23

fridays close left the door open for a lower open on Monday;

If we get such, then I am buying calls as I closed out my puts on Friday

We got a 3pm low @ 126 bars exactly
156bars cycle doesnt hit till 11 am but that might only be minor setbacks in a rising market
expecting the close to be the peak of a rebound for the day

180 bar cycle @ 1:30 could be the kick off to the higher close;

Jay

Simon Says

many of you will remember a couple weeks past,we had a few large numbers on the jaywiz index but no rally had occured yet, but it was delayed a day;

Thats what we have now.
we've got a 56, 19,73,& 75 on friday

that indicates a rebound in the making

Add to that a potential low on monday at 156 bars @ 11am, and the day could end quite a bit higher

Jay

so much for non existing rallies

each of the last 4 days had an 11am high, but today as indicated by 180bars hit a low at 11am, as was forecasted yesterday.

the full moon at 12:32 provided a rebound high from which further declines ensued.

Dow under 12k with volume such as we are getting would indicate further erosion the next 2 days.

I've had june 20th as a potential low point and the projection seems to becoming reality.

spx murrey math levels under 1343, and as i write this at 1pm its @1338, would seek the next 31 pt lower level @ 1312, then 1281 thus equals dow levels of 11,800,then 11,550

Jay

june lows

today was exactly as described altho it was a tedious day.

the jaywiz idex which gave a sell on monday@.13
Now gives a BUY today @ .56
the Oex & sp 500PC ratios agree

Today closed at spx 1351,right on aa murrey math level;
From here,we should see the spx run to 1375

bar cycles for tomorrow are only important to note them for minor pullbacks during the day
look for 180 b @ 11am
204b @ 1pm
228 b @ 3pm, leading to a high close

Jay

variations

other than the gap down, the day went according to desription but the actual high was more like 1:30pm, not 10:30am

Accordingly we should see a solid sell off tomorrow till the 3;30 time slot @ 156bars

Im writing this at 3:30 monday so Im jumping the gun a bit, but im quite confident about the forecast.

Jay

Short term horizon

I may have lost some of those who prefer to get a view of what to expect in the next 3months, 6 months or one year, and thats OK with me.

Im concentrating on making $$, not predictions about the future which everyone including myeslf forgets by the time the future occurs.

As for Friday, once again EXACTLY as desribed the day b4

For monday, we can expect a follow through to the last hour rally up thru 10:30, THEN its time to get short and close out those positions at 4pm.

Jay

exactly as described

Tomrrow should be a positive day until late afternoon, not like today

Might drop off some near the close and then again should make a late day dip @ 3pm @ the 259 bar cycle.

that would set off the close with strength as well as Monday for at least the first hour, as the next bar cycle hits 30b @ 11am.

Jay

morning update

Jaywiz index = .22 and still some what bearish which supports my projection for a mid day high and later slide backward.

Futures indicate a strong open about 85 dow points which will be hard to buy calls right at the open without paying the higher premium, but that should lead to a mid day high of at least + 200 pts by 1pm, so the buy will still be profitable.

Jay

Hit the nail on the head

As projected a down day today

Tomorrow, however has me a bit perplexed, but my inclincation is to buy calls off the openning low

126 bars @ 10;30

readings and data are in conflict, but the stronger data indicates a rebound till at least 1pm before settling back but still an up day.

Friday again calls for a lower open but a very strong rally into the close-

SPX today closed at murrey math 1335, and could open flat or down to 1331;
wait one hour - probably wont follow my own advice- grr.

Jay

Another view

Heres a view of whats to come from ACB

As you can see, He points out the summer solstice on june20th/21st is a multiple convergence and it could be a panic low - sun 180 pluto @ 3;39pm
June19 is Stan Harley's 242 day cycle from July19th ,2007

Jaywiz index today = .15
oex pc ratio = .88 and was .56 yesterday

Gold drops 25.00
oil drops another 3.00

Nenner says oil to 170, Im just not a believer
But he also says Not to buy stocks until after Mid June, and as you can see that fits the solstice low scenario by one week.

Tomorrows important bar cycle is 102 @ 3pm
tomorrow's 52 hr cycle is @ 3pm
Looks like something important is @ 3pm, and it should be a low.

june12th reading calls for shock and upheavals ?? will it be a duplicate of 6/11

6/11, Hmmm
it is 60 days Mar17 And 90days Feb 1st

All kinds of foods have been recalled from beef to now Tomatoes
did anyone happen to record when these recalls occur and coordinate them with market action?
I didnt but Im sure you will find them happenning at market declines.

best wishes
Jay

2 different worlds

Dow and ndx performed in 2 different worlds today

however, they both hit low spots at all the right places

11;00am
2pm was a 13 day or 84.5 hr cycle low
3pm was the 204 bar cycle

Tomorrow looks like it could start out on a low @ 228bars @10:30am, but a rebound is possible
I will be looking to buy calls for a one day play.

Jaywiz index = .31 still bearish
OEX pc ratio = .56 and thats extremely bearish

If they do get a rally going tomorrow, I dont think it will last more than one day.

the NDX hit major suppport right at 1950 and the SPX hit a murrey math point at 1351.

Still got the 60/90 day cycle convergence on the 11th. PLUS a 52 hr cycle @ 3pm.

With Venus 90 uranus @ 3am on the 12th , any effect should be seen on the 11th.

Puts bot last week were very profitable and could have been even more so, but I'll take a 29% gain anytime. Played the 2pm low and got out at the right time.

best wishes
Jay

interesting stats

FOR June11th

90 days from Feb 1st, a high
60 from march 17, and you know what that was

Equally as important and maybe more so
52 hours from the May 30 intraday high at 3pm = 8 days
that makes June11th a STRONG potential for the low @ 3pm
WHICH is ALSO a 102 bar cycle- I usually look at 90 bars which would be @ 2pm- could be either one to fit the 52 hour cycle.

However, the outlook for june 12 calls for a repeat of June11th, but a lower low will probably not occur

best for now
Jay

WELL - does that count ??

Mini crashette
Broke all support levels
where to next?
Dow has weak support @ 12,100--- has strong support @ 11750---- then 11,625& ---then 11,550
Jaywiz index today = .35 somwhat bearish
You can now see the history of the index= .74, .75, .47 then the big one day rally
June5th = .16 and wow

The ARMS index = 3.92 and the volume was 88% DOWN
I would usually consider such a high arms index as a precedent for a buy signal, but coming off the recent high and the very first day, it suggests a lot more selling to follow.

My radar is set for the 11th/12th as a near term low with a strong rebound starting on the 13th.

High oil - Warnings about nuclear capabilites- big jump in unemploy rate- more to follow.

Monday bar cycles
156 @ 11:30
180 @ 1pm
204 @ 3pm, and that should be the low of the day

best for now
Jay

June5th

June5th could be the rebound high of the year ??

May 2008, according to 17 year cycles should have been the top of a 17 year commodity cycle, or it could take another month.

Jaywiz Index =.16 indicating a pullback is imminent.

Bradley turn on May24th, a Saturday, hit on friday, the 23rd
Bradley Turn on june7th seems to have hit on June6th, Friday.

the next recorded date is july6th, a Saturday.
in between and not dated is a whole month

a look at the chart shows a couple blips; one on June12th and another on june24th.

My suspicion is for a june 12 low, and june24th high

Jay

S&P in charge

And it doesn't look good resistence seems to be at about 1388

1400 close on May30
to 1378 low

to 1392 failed to get above resistence @1400

to 1370 a lower low

up to 1386, UH Oh, a lower high

down to 1372-- ok no new low

to 1388 ?? this AM ??

Kiss of death ???

Lower lows and lower highs

Jay

BULL Trap

today's hopeful rally may have set the stage for a mini crashette next 2days

Looking for a lower open, mid day rebound, and lower close leading to a very bad 6th, at least its bad for the bulls.

Jay

NO rally this week

Unlike my earlier forecast, we have to report that NO rally is coming this week

Friday is Bradley and it will be a low
June8th= midnite high tide is inverted to stocks

Other scientific data feeds are still pointing down including today.
Might be a 3 pm rebound high off a 1;45pm low@ 228bars, but the close will still be lower.

Jay

Stan Harley

To understand his bar counting, just write to him
Its his discovery to give away or not.
Go to his website or google is name

Today was not as good as yesterday, but it was my own fault
I bot calls too soon and sold them too soon;
WAiting till 2;30 is too much to ask, and it takes more patience than I have;
I had been anticipating the 11:45 low, but realized there was a lower low coming.

Most of my data for tomorrow including the Jaywiz index says we should get that rally ive been projecting, but other data say no; SOOO, Im going to wait for tomorrow's open b4 doing anything, and even then I might just wait it out. I am still confident the bears will be in control form the 6th to the 12th.
IT might just take one day extra where Thursday becomes the rally day and Friday close is the shorting opp, but we'll see more by early AM.

So far the scientific data stream says tomorrow is a bear day.

Best for now
Jay

Jaywiz Index

today's jaywiz index = .65

that on top of fridays # of .76 is telling quite a story

We can expect a 300 point dow Up day on Wed

that should take the spx to 1440, the May19th intraday high

From there...., well its not pretty for the bulls

Jay

Near perfect day

Down from the GO
Lows were
30B @ 10:30
60b@ 1pm
90b@ 3;15

Notice the LOD at 1pm had an obv of -184 ~ dow - 210
3;15 low had an obv of -138 and dow -150
At that point, anyone watching could see a chnage was occurring

Tomorrow?
Could start out a little sloppy
126b@ 11:45am could possibly be the LOD
156b@ 2;15 is close to the new moon @ 2;24 and low tide @ 2;27
other than that, the day should close higher leading to a substantial rally on the 4th

There is a venus cycle that hit in July of 2004, and ends in June of 2010
the MID POINT is June7th, 2008 and could be the High of the rebound with a dramatic decline for the rest of June. Some of my other analsysts are indicating june 24th for a serious low this month.

June19 is Stan Harley's 242 tr day from July 19-2007 High to Low;

Best for now
Jay

Week of June 2 to 6

Monday = DOWN day
Tuesday = moderate recovery
Wed = big up day
thursday = take the day off
Friday Ok at open but DOWN all the rest of the day

Jaywiz index = .76 which is Extremely bullish, but were still working off the .08 from the day b4.

90 bar count @ 11:15
126 bar count @ 2:15
high of day @ 3pm, then closed lower leading to the 150 bar cycle @ 9:45 Monday AM.
Would expect a quick rebound right after b4 buying puts.

Jay