#1. There are opposing energy forces which is restricting todays upward thrust.
New information has come to light which shows this restriction.
The gravitational and planetary forces are positive against this other force + we are now at 34 trade days from FEB20.
REMINDER - April16 is 55 Calendar days from FEB20., and the next day is a new moon, and 13 trade days from March 28th.
#2. As mentioned , The PC ratios last Friday are very LOW which is bearish, which tends to keep buying somewhat limited.
Any gains today will probably be taken away tomrrow, but WED has the potential to move higher again. ITS really hard to say if it will be a higher high.- no way to know.
WE'll see today if 180 bars at 1.30pm or 204 bars at 3.30pm have the greatest effect.
But that does leave tomorrow with 259 bars at 1.30pm along with a negative influence at 2pm.
that SHOULD be the low point of the day.
Also as mentioned b4, we do expect strong selling on Thursday and Friday
AS always
best wishes
Jay
1 comment:
voodoo doesn't seem to be working at all...
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