Did I say march 5th would be UP, YES I DID
Did i say it wouldnt be easy- YES I DID
Many of my ratios did give a short term buy yesterday and that should be good till march 14th.
However, it still wont be that easy;
Looks like a high tomorrow @ 2:15pm
there are bar cycle hits
60 bars @ noon
90 bars @ 2:30
I am still expecting friday to open lower, but close well leading to a very strong rally on Monday & Tuesday- spx should get to 1355 or more.
After Tuesday, it should hang or back off slightly, then topping on the 14th.
Big $$ can then be made on the market with a lower bias 14th close thru the 20th.
Even a .50bp rate cut will only account for an initial knee jerk up, but it wont hold.
Even good news during a stressful time period is bad news.
Jaywiz index today = .46 and thats quite a change from .13
not quite a raging buy, but its matching the other signals indicating an uptrend ,or at least a short term buying spree.
Best To All
Jay
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