today has UP written all over it.
SPX Survived yesterday's test of 1327, a couple times, and now we are looking higher to run up to possible high @ 1343
Resistence is at the former support at 1343, and any touch of that level today would be a great selling opp
Good news about J&J coming at the right time as far as market timing- Delta merger and PPI all helping the positive
But the other shoe could fall tomorrow
Sun 0 Merc in Aries as far as astro goes seems to be providing support, as idnicated by the news items above,but it is exact @ 2am tomorrow morning
Having noted all the above what do we do next? Good Question !
Jaywiz Index =.18 and the 5day has dropped to 29.2 from a high on Apr 1st of 38.9
this should be deemed as bearish
Apr 14th was a turn date, but not neccessily a change in trend date.
The bradley date is still the 18th and it falls one day b4 the full moon which is the first to occur
after the March solstice and Ive been told it should be deemed as bearish.
1328 to 1343 is = to dow 120 and that would be a nice openning.
Can they get higher?
Possibly by noon If i look at WCA and or Charts edge or all day if I look at the SUn 0 Merc
If they get above 1343 by 10;10 am, then the next level is 1347, then 1351, but i really dont think it will happen.
This is getting too wordy and repetetive
Best Wishes
Jay
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