TRENDING LOWER

The TREND remains DOWN till Feb 9th

That will not change
therefore

IT will be more beneficial to buy puts on any rebound

Yesterday as predicted
OPENED lower till 9:40
rebound high at hourly 12;45 pm
hourly LOW at 3pm exact
Hourly high at 3;41
closed on 258 bar low
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TODAY - FEb 3rd
PC ratios indicate SELL
Opened slightly higher
10 am dow up about 5
10;16 is FIRST hourly and should offer a TURN DOWN to the 13 day cycle low
Activity index is FLAT LINE at .6 = very bearish

62%/13 day @ 10:43= could be LOD or just the AM
SELL any rebound after this low
HIGHS could occur at 12:58pm or 3:06pm

Bar cycle lows
noon
2:30

Power index
325
400
350
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The power index for Wed Am Shows
425 open
350 close
that means a HIGHER OPEN and substantially lower close
could be the BEST SELLING OPP this week as the
power index continues lower till the 9th

More later
Jay