THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Tuesday, March 11, 2008

Where to now, oh brown cow?

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:

Anonymous said...

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