
Chart from ROTROT , a member here & other yahoo groups
Matches my graph also TO SOME DEGREE
As it shows the mkt rolling over int he DEC 21st to 22nd time frame,
then heading for a YEAR END SELL OFF as the other graph has shown
SINCE I first published it earlier this month
I waited till 8:30 and the employ report finally meets with energy waning
Today, similar to Nov 20 should end lower, but the open at 9:45 to 10am might just be the lod
102bars at 10am
61.8%/13 day cycle at 1;43pm could be the pivot to a better close,
but again compare to Nov 20
Another lower open tomrrow could also offer a fair buy opp, but the energy IS WANING
that doesnt mean the bulls wont keep trying to prop up the averages next week
However, as the chart above shows and my graph also shows, along with astro events
we should see a strong sell off on the 24th & 28th
repeating again - the Dec graph makes the case for another dip on the 31st
making it a great place to buy for a very strong open rally on JAN 4th and part of the 5th
more later
Jay