OE week Friday nasty like 2002 ?

All SPX for Friday

Tuesday guidance number 1329.87 looked and should have been bearish. We had a winner again 3 in a row. 1 loss

Wednesday that number is 1320.25 with a big spread. Thus 1320.25 will either be strong resistance, a break higher we could retrace in a major rally or we will be flat to down.

Either way a higher hi will hit Wed over Tuesday

Thursday that number is 1322.97 note we hit Tuesday# as resistance.

I think we take out 1322.97 with ease.

FRIDAY # 1316.70 Go above bullish, If we can’t get to it very bearish.

Isee was bearish 76, and the Vix is front running the drop to quickly

We are 60% upvolume points away from the ideal top. Now 104%

Indicator #2 neutral

We have a sell on vix + spx ( record failed last 7 of 8) worked yesterday

The current AGET wave 4 will fail at 1298.xx so far so good

This may sound weird: The trend model will go to a sell. 1308.81

Update we close so low my model went to a CIT sell warning--- BUT it needs a few days

Model Sell alert again

.

Bottom line Friday down but 1316.70 can rally it.

I have a low look out for July 20^th as I have said..

My best thoughts.

Jerry

Lets be real this is a news driven market so things can change fast.

Never invest on what you see on the internet unless it agrees with your own work.

Note to Jerry O report what you see, not what you think

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All SPX for Thursday 14th

Tuesday guidance number 1329.87 looked and should have been bearish. We had a winner again 3 in a row.

Wednesday that number is 1320.25 with a big spread. Thus 1320.25 will either be strong resistance, a break higher we could retrace in a major rally or we will be flat to down.

Either way a higher hi will hit Wed over Tuesday

Thursday that number is 1322.97 note we hit Tuesday# as resistance.

I think we take out 1322.97 with ease.

I think we go higher.

Isee was flat 109, and the Vix is front running the drop to quickly

We are 60% upvolume points away from the ideal top.

Indicator #2 61 points from top

We have a sell on vix + spx ( record failed last 7 of 8)

I have a 144TD H Thursday 14^th minor or not.

So I expect a rally at least till Thursday.

The current AGET wave 4 will fail at 1298.xx Looks firm tonight.

This may sound weird: The trend model will go to a sell at 1291 for Tuesday only.

Update we close so low my model went to a CIT sell warning--- BUT it needs a few days

Model Sell cancelled

.

Bottom line Thursday UP less 1298 fails

After Thursday

I have a low look out for July 20^th as I have said..

My best thoughts.

Jerry

Lets be real this is a news driven market so things can change fast.

Never invest on what you see on the internet unless it agrees with your own work.

Note to Jerry O report what you see, not what you think

Update for Wednesday:

All SPX

Yesterday’s guidance number 1329.87 looked and should have been bearish. We had a winner again

Today that number is 1320.25 with a big spread. Thus 1320.25 will either be strong resistance, a break higher we could retrace in a major rally or we will be flat to down.

Either way a higher hi will hit Wed over Tuesday

I think we go higher.

Isee was bullish 135, and the Vix is front running the drop to quickly

We are 0% upvolume points away from the ideal low. The low was today on that indicator and late plunge.

I have a 144TD H Thursday 14^th minor or not.

The current AGET wave 4 will fail at 1298.xx Looks firm tonight.

This may sound weird: The trend model will go to a sell at 1291 for Tuesday only.

Update we close so low my model went to a CIT sell warning--- BUT it needs a few days

So I expect a rally till Thursday also based on the model.

After Thursday

I have a low look out for July 20^th as I have said..

My best thoughts.

Jerry

Lets be real this is a news driven market so things can change fast.
Never invest on what you see on the internet unless it agrees with your own work.

UPDATE: for Tuesday

All SPX

Yesterday’s guidance number of 1343.05 with a spread of -.75 looked and should have been bearish. We had a winner.

Today that number is 1329.87 with a big spread. Thus 1329.87 will either be strong resistance, a break higher we could retrace in a major rally or we will be flat to down.

Either way a lower low will be hit. Tuesday

I think we go lower.

We are 37% upvolume points away from the ideal low. I also have a low look out for July 20^th as I have said..

The current AGET wave 4 will fail at 1298.xx

The trend model will go to a sell at 1291 for Tuesday only.

My best thoughts.

Will watch spx 1343.05 for direction Monday
click chart to enlarge
Looking for a low on the 20th (13TD count)