ANOTHER GOOD DAY FOR THE EKG
Since march 9th ---41/60 = now at 68%
Activity index showed us A LOW ENERGY DAY
FED spike- no big deal- I dont even know what was announced- and dont care.
Negative thinking does NOT seem to relate to a negative open as previously postulated.
10am new homes sales "SHOULD" correspond with a TURN @ the 13HR cycle
there is ALSO a moderate high energy hit at 11:05am
BUT 258bars at noon should set the day back into a low at that time
the afternoon should respond in a positive manner to the FED no matter what they report
as the day has high positive energy effects at 3pm & 6pm
Oil is moderately lower showing mild weakness , but the futures are mildly positive at 8:30am