So far the Jaywiz Index @.14 on Friday told the story for today against all odds of making a lower low today.
Its 12:10 pm, and the spx is -13.87 @ 1280
bar counts today
11;30 - noon = 204 - 201 bars and so far it looks like the AM low @ 1279, maybe.
228bars @ 1;30 is next important low point, and we will see is it makes a lower low or fails to do so at that time.
Also 259 bars hits @ 4pm OR the open @ 9:35 am on Tuesday
Oil, and gold should start signifigant declines most likely on March 29th. & April should be a bearish month for both.
Best Wishes
Jay
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