Fed speak today was good. Does market like good news? NOOOOOO!
If we follow the Transports down then 1980-1990 is on tap .
Support/resistance temp. sold my calls today, holding only longer term puts as of tonight.
Trending the SP500 SPX using proprietary cycles. A mechanical program (excel formula's) and the use of Advanced Get (Elliot waves) to both visually show what my spread sheet offers and how Advanced Get understands it. I'm also using a MOON COUNT that has been working nicely! Use at your own risk to supplement your own work. Jerry
Thursday, June 18, 2015
Monday, June 15, 2015
Major cycle low is due! -pondering update
Update 6-16 close. Sure 2072 was a double bottom.
Is it going to hold after Wed Fed rally?
Several indicator suggest this is a relief rally.
MFI and my proprietary parabolic didn't offer a low.
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We have the 90d , 120 D and the 165degree cycle all due in this time frame +/- 2 TD
Is it going to hold after Wed Fed rally?
Several indicator suggest this is a relief rally.
MFI and my proprietary parabolic didn't offer a low.
low 98.xx | next day hi odds | ||||||||
hi is 101xx | High in 3 days hi odds |
I didn't see these numbers either | Jerry |
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We have the 90d , 120 D and the 165degree cycle all due in this time frame +/- 2 TD
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