Its only 5pm, and I dont have all the data yet, but
Tomorrow is a new moon after close
3;31 pm low tide
847 is Murrey Math and any break below that with volume would infer the next level at 816
In dow terms = 7900
Today's closing low hit right at 46.5 hrs = 55% of the 84.5 hr cycle
Also a 27 hr cycle low
Some have indicated it as a short term low, and that is possible, but friday's intraday low @ 8200 is broken
Wed will be over due for strong rebound which should may or may not hold its highs
Friday the 31st has another chance to run it up, but it looks like it will fold after 3:30
Jay
1 comment:
hey jay,
so what do you think about the rally today? any thoughts on tomorrow?
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