Feb 13 is an expected Bradley low,and after a one day strong rally Monday, they should slide into it.
Friday did well on the nasdaq, but not so well on the dow& spx- thus the confusion;
The bar count lows were each an hour early @ 9:45, then 1:30, and 3pm
The open, as I anticipated, was the actual low with a secondary low @ 1:30pm
Jaywiz index = .28, still somewhat bearish, but the ADv dcl/Vol index dropped from 2.90 to .67 thus indicating an oversold condition. one other index jumped from .44 to 266, also indicating oversold.
yes ;; they are reverse of each other.
Pressure readings will not be available till early Monday AM, to be effective.
Best Wishes
Jay
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