maybe this group of data will help with direction and amplitude
1. VHF index is a +15 = weak mkt
2. Jaywiz index = .25 on 9day ave = WEak mkt
3, Power index hit 600 at open and now at 500
tomorow at 400
Monday at 300
tuesday at 200
This indicates a declining mkt and could be in a BIG WAY
4. Pressure hit 3040 @ open and drops to 2995 as the day progresses
5. Activity index was @ 3.5 @ oppen and now dropping under 3.0
6. Flux index under 1020 = showing weakness
ALL in ALL the above data indicates the WEAKNESS will continue.
Jay
1 comment:
Hi Jay,
You have amazing skills. Still reading your blog every day and you made and make great calls. Appreciate it.
Peter.
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