THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Wednesday, April 09, 2008

Dilemma

April10th is 22 trada days from March 10th and is suspected by some to be a short term low.

Geez, the spx hasnt even cracked its first support level of 1343, and that means tomorrow would have to be a wildly lower day breaking that suport and heading toward 1312, the next 1/8 level.

The bradley dates are shown as April 7th with a direct line to April-18th with no change in direction in between. Well How is that going to happen if tomorrow makes a short term low??

Readings for Friday call for a difficult day and the high tide doesnt occur till midnite, so it might NOT have any effect on the day's trading.

Friday is 55 tr days from Jan 23rd intraday lows

Wed April16 is 17&34 trade days and should provide a low, but the readings for the 14th and 15th are quite positive, so how does that fit in with the bradley as mentioned above?/

SO, now you see the dilemma.

bradley says down all the way to 18th, but other data says no way.

Best Wishes
Jay

No comments: