POWER DATA ONE WEEK AHEAD - Provides an 80% Correlation to the SPX

Tuesday, May 25, 2010

What to EXPECT next 10days

Today has 258bars at 12:30 which Frequently DOES offer the LOD on a 21 hour cycle

1020 to 1044 should provide some support today

Feb 5th low was 1044
Oct 2nd, 2009 low was 1020

Is Today a matter of minute wave v of minor 3?
If so, then
MINOR wave 4 could occur tomrrow
Minor wave 5 on Thsday & part of Friday


1 comment:

Abdullah said...

the technicals area are starting to show some serious 'oversold' conditions and they often have to be 'reset' before any more falling can really take place.

Long FAZ
should of kept my VXX/TZA/TYP