After LANGUISHINING all week at the lowest level, The ACTIVITY index has risen to #4
the highest level is at # 5
there is a 13 day segment LOW due at 9:50am along with an hourly at 9:45
Futures are still weak, but should not hold the mkt after that
Any rally should END Tuesday by mid afternoon
A second rally might unfold on Wed, but should not survive after the Fed announcement
bar cycles today
60b @ 10:30
90b@1pm
120b@ 3:30pm
More hourly
10:18
1:23
3:28
more later
Jay
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