Hmmm, Jaywiz Index =.17 caution flag is OUT
It doesnt seem that they would just stop right here
Arms index was only .59
8/1 Up vol
4.8 Adv over declines
however that jaywiz index and atmospheric pressure reading indicate some backing off tomorrow
Initial resistence is at 1343.75 spx, and if they open with a burst to that level, they will probably spend the rest of the day in lethargy.
98% UP volume should lead to further gains, and Im still expecting Thursday to provide a high in the spx 1355 area.
Jay
1 comment:
98% UP volume should lead to further gains, and Im still expecting Thursday to provide a high in the spx 1355 area.
I'm glad you said Thursday, Jay.
Friday is a Tide Day. Possible reversal.
Coy
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