JenRz

Market reversal in the works on Indexes

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JenRz 已更新   
AMEX:SPY   SPDR S&P 500 ETF TRUST
I've been here before playing the "pick a top" game without a lot of success in indexes. However, this time it's different! And, I'm sure I'm "due". ;)
Anyway, I looked at my SPX chart last night for the first time in a bit, and couldn't believe I had actually drawn a line with a price level at 4393 with the note: 18% from 3/4 low.
I haven't taken the time to find exactly what date I got this in my journal, but I am getting to trust the synchronicity. I'm sure I drew it within a couple weeks of the 3/4 low.
This market is way extended anyway. I have other guidance of a correction of some sort. I'll report back with a percentage target.
Last time I did this it was a 14% correction, but I need to review everything. It looks like SPY went UP about 4% from my last post looking for a high.
I'm a dowser and intuitive, btw. That's often how I get my information and it is far from perfect, but getting better.
评论:
What seems to be happening is I'm being led more to dates. So, the date (or number that I'm thinking is a date) for a reversal back UP in the S&P is the 28th of this month.

My last call on 6/4 suggested a 14% move down. However, when I review and count 14 DAYS, looky-loo, I find the actual LOW on 6/18!
This is happening quite a bit (in stocks), and unfortunately, I don't always have clarity on the way things shake out.
That said, I do find it an interesting coincidence that the SPX literally hit my number and is turning back at this time.
Therefore, I do believe the market will trend down into the end of the month. Yesterday I got around a 10% move down when I asked. I thought I would check again this morning and see if it was consistent, but I got 13. A few days ago I asked for number of days for a turn in the ES (assuming back up) and got the date of the 28th. Today is the 15th.... add 13 to that and you get 28! So that's 2 instances I'm given the 28th on the S&P. We'll have to see how this plays out, but I feel confident to the downside.

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