Hope to post soon.

http://www.mysiteforsoreeyes.com/Bobs%20Downloads/mechanicpounding.gif


Jan thru May was tough for me. My heart went out of beat and it took 10 months  to get better.

April /May 2nd

Thursday model said Fri would be down. Now Friday model is saying Monday down.
A simple model says Monday low is also a buy.
How low??
The Spx  100 sma is @ 1835. P&F has 1850.
If we look at my zig-zag wave chart I have 1845 as strong support based on b and d. As alway the opening gap is usually the day leader.  I would like to see us plunge to the close.

Wed-Thur-Fri

Nice if we hit resistance of Spx 1884.89 yesterday high and fail.
Earning are supposed to be sour as time goes on, does the market look ahead?
Model not all that telling except an o-b signal.
I have to get my car inspected and have a Dr. so will watch from mobile one.    later review if possible.  Jerry
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12:30 PMModel not impressed today. If we can't go down more than what we have seen then a rally tomorrow is very possible.
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Late report: 3:55pm I bought a call oex.
Model still saying todays action was bullish for Thursday.
I notice we have a TD high Friday. The highs should be in very soon-days.
Any time now.

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Thursday  1pm  Model looking for a down day tomorrow (Fri)  If we hold this area. Will  retest at 3:30 today. Jerry
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Thurs 3:40pm still pointing to down tomorrow after a CIT high.
Last 5m vol rush can change everything.

Week 21st to 25th 4April 2014

Tuesday AM model not found with this  low a number -207.50
Considering I have data back to December 2006 .
So need a little more time . Futures are +


10:10 am live test for Jerry
Not trading advise Bought a oex put 835 with 10 td expire at $8.00
Spx 1880.   Second overbought signal. High with in 7 TD

3:30  having data issues and Verizon.
"Second overbought signal. High with in 7 TD"

Daily Updates check back.

ok bought apr oex 830 and may 830 puts, see what happens. 4pm

3:40  Model is looking for a high in 1 to 8 days.
If we close near high will start to buy a put .
Suggest to get a 10 day out put.




10:45 am Mkt is tepid hitting neither target. Looks like we will get a 1-8 TD signal of a pending high. Will confirm at 3:30pm ish report.
Standing aside-Jerry

 4/21/14        Model looks tepid. Suggest if we take out  Thursday low buy 1 call in money.

If we take out Thursday high better yet 1872.xx then probably a put.

Give gap a lot of weight. POMO highest of week Monday..

Hi,
 Have been working on a daily timing model, and a 3-8 day look ahead.
Will try to post daily. Currently go with Monday gap open.

Some charts to look at. This shows a buy signal but what will happen at down trend line?



click charts to enlarge.

Wave 5 higher is what is called.

Neither chart has anything to do with my daily view but how we get there. Where ever there is.


Will not be trading advise. USe with your own work.

Holiday and 1790

Several ways to get to 1780-1790

Click chart to enlarge

The next SMA would be 1790


150 SMA

Even P&F has 1780

But lookie here.
f this P& F of the Vix = 22 then the drop will be much bigger maybe the 1732 I have on first chart.




Will this happen Moday no I don't think we do more than 1808 then rally perhaps to short at close.
I do have a TD Low Wednesday but somehow it won't be the final low!

Recap-----No it didn't happen as a higher open hit, making the scenario wrong. I give a good view that I looked for minor weakness at open considering may were very bearish.   4-19-14
Jerry Timingshortterm.group

DO SMA's count?

CLICK CHARTS TO ENLARGE.

TWO MAJOR AVERAGES CLOSED ON THE 150 sma and one on the 50SMA

WE can only guess that resistance will come at 100SMA and 25 SMA.

I don't think we just plunge from here but if you look lower at my work I do offer a 14TD low.
It would be rare to hit a high then plunge to unreasonable deep levels.

Earning will be under pressure this coming quarter so expect the worst.

Jerry


Timingshortterm@yahoo groups

BTW the Dow and  Spy didn't reach even the 50SMA.

Correction or Healthy rotation?

First off Friday drop did no technical damage that I can see. This probably is just a rotation of stocks.
If more then a rotation here are a few scenarios.
* If a wave 3 then a pull back to 1844 to 1857 is common.
Looking for more deeper correction then look at the 14TD examples and grey trend line.
So a 14TD pull back to 4 -24 could be in the cards of at least 113 points or somewhere in the 1791 area..
A real model buster is 1732

With this market the buy the dip crowd probably have orders placed.
Could be a 3rd wave or a 5th wave but more action is needed.

My EW thoughts

Sure futures are strong at 11pm Thursday but still this chart if true has a look.


http://money.cnn.com/data/premarket/?iid=H_MKT_QL

Using the 2% and 3% zig-zag for EW count.

DeMark 11 count?

This software suggest a Demark 11 count for today Wednesday the 3rd of April