4pm May 13th
AS we have seen MANY times the MKT FELL off in the last hour this time during the SAME
trading day. Often the EKG shows the late day higher than actually occurs, so NOW we KNOW
its NOT the amplitude that counts, ITS THE DIRECTION.
Sorry about the delayed publishing of the EKG- unavoidable interference this AM
Yesterday displayed a late day high, but the drop off never occurred
Today replication appears accurate up til 11am
Recover at 10;45
second dip at 11am
high at 10:45 @ spx 1174
IS that high enuf or is there one more run up coming after the NOONish lows?
120bars @ 10am was a dip
150bars at 12:30
Contrary to the MAY Map, we may NOW see 3 days off to a low on MONDAY
YES -- MONDAY May17th which seems to indicate some kind of Financial BLOCKAGE
in contrast- Tuesday May 18th read calls for resolving recent problems from
the day before, and thus STILL has potential for strong rally day.
Propensity index has been dropping steadily from a high of 3017 on the 11th
to NOW at 2993 at 11am today, but STOCK prices HAVE NOT responded in like kind-
at least NOT yet
I say that because we had a similar picture LAST WEEK as it dropped from a similar high
to a flattened low from the 4th to the 9th, but stocks did not respond until it got to its lows