Tech or voodoo

Just in case you need a frame of reference for the trading indexes I mentioned yesterday

Heres TECH info that IVE been tracking for 10 yrs DAILY

How many of you keep DAILY records?

I record the DOW- SPX- Arms index- 5 day arms- ADv Decl ratio - vol ratio- 5day trin- 10 day trin

DATE- DOW --ADV/DECL ratio-- vol ratio-- 5 day arms ---5 day trin-- 10 day trin
April 20 12961----- 664----- 730----88----- 440---- 863
FEb 20 12786 ----865-------1072 --90------450-----1024
5- 10, 06- 11642- 731------ 856----91------ 455----- 971
Aug 19, 02 8991- 818--- 1527--- 80 ------400---- 970

NOw the LOWS for CONTRAST
Oct 12, 05 10217 --336---- 34-- 144------ 724---- 1173
3/10/03 7568------ 391--- 417--- 242 ----1210--- 1765
10/9/02 7286----- 341---- 244--- 151----- 757----- 1534

You can EASILY see the differences
The effects of exhuastion can be immediate or delayed a few days.
Im counting Feb 20 as the MOMENTUM high or wave3 top
Feb 27to Mar5th = Wave 4
4th waves can be very vlolent as we witnessed
April20 = PRICE top of a 5th wave

best wishes
Jay