WOW

When the Fed speaks, people listen

how long can the glow last?

At least thru next week as far as I can tell for now

The Bradley date of March 18th had been shown on most charts as a low obviously was a high;
What does that tell us about march 26th- will it be a low as shown? I tend to doubt it, as there are forces at work next week to keep this alive till the 28th.

I can see spx testing 1320-1315 on Thursday' close- that would be about 200 dow points- not very unreasonable to expect some profit taking b4 the long weekend.

Jaywiz index jumped to .49= almost a buy, but not quite, but we didnt need that index to tell us that, and its a day late. Arms indexes out of kilter also.

Bar cycle 126 hit on Monday @ 2:30 but was a minor hit
More important was the 204/329 bar cycle hit on Tuesday @ 2:44 pm when the dow was only up 200, then exploded to the end of day highs.

Advance declines ratio was 8.42/1
But volume was only 3.35/1 - Not anywhere near the 98% up vol on the 11th.

Todays higher open ocurred @ 9:40 am, and the mag reading turned down at 9:45, thus the dow is now down 22 @ 10;20am & 30 bars cycle @ 10;30
60 bars = 1pm
90b = 3:30
Tomrrow
126 B@ noon
160@ 3pm
Might be the low of the day?

Jay