FEED THE FISH click in water

Tuesday, February 9, 2016

On Spx 1740 watch

Monday email post:\Unless we rally sharply into the close and cancel the parabolic buy signal.
Then that parabolic light buy signal ( Pattern )suggests lower into Friday.
Sharp moves.
If however we plunge into the close LOD then I would buy for a 1 TD rally
Jerry

After close update. Stayed flat since neither happened. 
Tuesday email post at 11am 
Inside days are bullish in bull mkts. I don't think this is a bull and a full candle is more bearish.
after close update. Making a little change Target will be raised a little to range 1740-1765 SPX.
Wed down, Thursday up a little, Friday intraday L.O.Wk 
Based on Parabolic pattern 

Saturday, February 6, 2016

Mild Correction so far


Indicators have turned down with ADX blue turning up (bearish on a 1 TD view.
 FRIDAY MKT big % drop


Wednesday, February 3, 2016

retest should start

We hit 1947.20 Tuesday, important day.
We should be on the way to retest low.

Jerry

Saturday, January 30, 2016

Rally to SPX 1954 still the thought


Look back to Sept,2 arrows green line. This us now.
TOP CHART




#2 chart
Look back to Sept again, green ADX kiss blue falls. Watch next 2 days see if cross (rally) or fails

#5 chart
MFI should come back to lower line circle if not then real rally.





Time frame next 2-3 days.When I post text changes :(
Jerry

Friday, January 29, 2016

OIL and spx 1737



Is oil going up?
I don’t know but many say yes it is due from oversold targets. My heating oil man called today, said I have some left at this low price $1.47 low for this area. Do you want a fill I said yes since I watch prices.
Here is a site to check local prices if you live in New England.

As far as my call for Spx 1737 that is expected in April. Since the all time high the Fibs have been spot on  +1- day. ( next Spx 1634 no date)
You will notice not only the F233 from ATH but F89 from Dec 14th low.

First we could rally to 1920-1954 if oil can hold. Just a news driven mkt.
Jerry


Tuesday, January 26, 2016

Tuesday, January 12, 2016

Target 1979/1991

Based on wave 4 or pivots on pitchfork.
MFI in deep OS and other indicators turning up.

Friday, January 8, 2016

LOW is in

Charts based on key pivots and very oversold MFI not shown.


 Jan 8th 3:15 pm

I said yesterday we would at least hit 1938.83 Spx
Since 1932.92 has been hit  no double bottom.
My parabolic says we either hit a low at close or the low is Monday.

Tuesday, December 8, 2015

ZIG ZAG e new chart Tuesday final

 OK lets look at it this way. NO MA clustering, currently,
50 DMA @2049 should hold/ must hold.
MFI divergence area, room for it to come down a little with Mkt.










Tuesday, Dec 8th at 1:40 PM
I think wave E is still needed or ZIG-ZaG E
Most indicators are oversold.

Wednesday, November 11, 2015

Failure and Fibs

The fibs are doing a good job of finding lows.
Dec 15 ish could be that low.