power is upside

the 29th has potential to rebound all day.

I will buy on a lower open and most likely sell the close

One day rebound is overdue

the Jaywiz index = .29, not strong by any means, but dont forget we had 3 high readings last week, and in my experience, there is sometimes a delayed reaction

Spdr pc ratio which was 1.00 on Friday is now a whopping 3.27= a buy

Arms index = 1.65 and that indicates a lot more selling to follow, but not tmorrow.
Thursday's arms index was also only 1.57

Note : In order to get a strong bottom we need to see the one day ARMS index
of at least 3.00 or higher and would be even better back to back.
Thats called a CLIMACTIC ending when yuo get 3 days back to back with high Arms ratios

We could get that on the Aug 4th to 6th action

best for now
Jay