Note the direction of the OBV and other technicals
OBV not very supportive of the rally
Heres some more daily tech data
Monday's arms was a .48 and today was a.49 but the Adv/Decl & Vol raw numbers were vastly
different even though they had nearly the same ratio
Jaywiz index
Monday = .12 is bearish and today .80 is bullish
they seem confused and should be opposite
Today's SPDR is an 82
CBOE = .73 and yesterday was .74, both bearish
spx = 1.01 and yesrday was 1.16 , neutral
OEX = .75 and yesterday was .59 - both bearish
GOLD continues to drop, I should have stuck with it
must will short the next rally, HMMm if I catch it right
Even the Power index did not give me an indication of the kind of day we had
and the propensity index left me confused
the only thing that should have tipped me off was the FULL MOON
Anyway we got some makin up to do
More Later
Jay
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