I dont think anyone doubts there will be a retest of Nov 21
the question is ""WHEN""
Feb 10 happens to be 54 tr days from Nov 21 which makes it a good candidate
also computes with other tr days
13-21-34-54-89-112-144-233
Feb9th is a LUNAR eclipse= full moon
mkt sometimes drops right after
Today's numbers
Power index opens at 425 & closes at 350
Activity index which jumped UP like a cat on a hot tin roof is STILL holding the 4 level at 8am
main gauge index has dropped from 3022 to 2998 showing a downtrend the next 2 days
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Bar cycle LOWS
90@ 10:30
126@1:30
150@ 3:30
Hourly cycles
9:35 -9:40 = should be the open low
10;08 should be the rebound high
10:48
12;49
3:08
hourlies have offerred highs more often than lows, but its not cast in stone
we have seen a shift recently and they have become mixed
Thursday
Power index opens at 400, and closes at 300
should be the BEST selling day of the week
SOME are also projecting the 6th down sharply
it might OPEN weak, but IMO, and my work suggests it will close higher
More Later
8:30 reports did NOTHING to change the open
Jay
2 comments:
Jay, Can you please put the time zones on your times (EST) (CT)for example eastern or central time??
So today and the next few days we should be going lower?? Correct
Thanks Eric
Always EST
Jay
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