OVERSOLD

PC ratios & Technical data says OVERSOLD

BUT for HOW LONG & HOW HIGH

My Math
till SPX 801 to 807

833-781= 52 pts
52 x 38.2% = 20
781+ 20 = 801
______________
50% = 26
781+26 = 807

Thats equal to a gain of about 160 to 215 dow points
_______________

You get the math, RIGHT?
now what about TIME

As I mentioned yesterday as a low was occurring at 3pm
--I ALMOST BOT SOME CALLS but backed off

LOW @ 180 bars at 4pm was scheduled
but the ACTUAL turn seems to have hit at 3pm
As mentioned b4 -{ 3pm} - is a FREQUENT flier for TURNS on the hourly circuit

156 bars at 2pm was ALSO an important low- did anyone else get physically hungry after 2pm
does anyone else notice this other than me?
_________________________________________
OK< that was then, ~~ NOW what about TODAY

I previously mentioned we could see highs at 11am or 1pm & or 3pm today and that still works
more specifically Some of my projections are indicating 2 peaks today
I think that would mean 11am and then 3pm

Heres the projected FLOW TODAY {{ its a battle of the hourly verses the Bars}}
an 11am HOURLY HIGH is followed by 204bars @ 11;30 low
a 1pm HOURLY high is followed by a 228bar low @ 1:30
and a 3pm HOURLY high is followed by 258 bars at either 4pm OR open on WEd
just because 180 bars was truncated doesnt mean it will happen again @ 258 bars

Just in case you cant read between those lines
it means today is TRENDED UP
but it could be UP - LOWER then UP again
and today's close COULD ,but not necessarily take a hit at close, but even if it doesnt
IT WILL TOMORROW at the OPEN.

THE NEXT DOWN MOVE does LOOK like ALL DAY April 1st and APRIL 2nd till NOON

MY GAME PLAN IS THE SAME AS YESTERDAY
GET SHORT on rallies
anything near DOW 7725 will trigger put buying for ME

More Later
Jay