Bars
30b @ noon
60b@ 2:30
Hourly
11 am
1pm
3pm
NOTICE that 60b is at 2:30, and there is a 3pm hourly
Im guessing that the 60b will extend into 66 b due to the influence of the 3pm hourly
I will be inclined to close out my positions at or near 3pm today
MY power index is showing potential for a huge intraday rebound tomrrow, so i dont want to
be sitting in my shorts at the open on April 2nd
Also note Today's open was a continuation of the 258 bar cycle at 4pm into the open
Right now the DOW is FLAT after open down 100 pts
the power index does seem to show that, AND a drop the rest of the day
Got a little hungry at 10am - anyone else notice it ??
Activity index dropped from 200 to 100 at open and staying in a very narrow range
More Later
Jay
2 comments:
What was the hurry to get short? The market keeps going up though Friday's sales are still ahead?
Steve70
I think everyone is expecting a repeal of Mark-to-Market tomorrow propelling the rally further. I had thought that Wednesday could be up, but Thursday actually down.
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