8 day high hit yesterday at mid day- funny how a major power outage ocurred in Fla right at 1:05pm
futures down strongly and could open lower and become an outside day with a lower low;
180 bars cycle @ 10:30 am
204b @ 12:30
228b @2.30
Was out last 2 days as family energency took me away from home base.
2/6 = 8 day cycle and it appears to have been a high
previous 8day cycles = 2/13 high--- 2/1high-----1/22low
Next 8 trade day cycle = May 7th
13 tr day cycle 2/21 = was a low
then March 11th should be a high, but im looking for it on March 14th
As for today and tomorrow, Im looking for a lot lower trading and the exact low should hit Thruday at the close.
Friday should be AUSPICIOUS. Its UP and away to at least March 4th or 5th b4 any selling of concern sets in.
Best Wishes
Jay
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