Monday = DOWN day
Tuesday = moderate recovery
Wed = big up day
thursday = take the day off
Friday Ok at open but DOWN all the rest of the day
Jaywiz index = .76 which is Extremely bullish, but were still working off the .08 from the day b4.
90 bar count @ 11:15
126 bar count @ 2:15
high of day @ 3pm, then closed lower leading to the 150 bar cycle @ 9:45 Monday AM.
Would expect a quick rebound right after b4 buying puts.
Jay
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