cant get a clear read on the EKG today - will see if it comes in later
ACTIVITY INDEX has NOW risen from 100 at 7am to 333 now at 9am,
also supporting a possible rebound today
As previously posted.
we have the POWER index surging higher which did NOT occur yesterday, thus
we must look for it today and tomrrow into the 13 hour cycle at 10am tomrrow
Tomrrow calls for an early boost & later fizzle
High tide is today, which should assist any rally attempt
Converging cycles today at 11am SHOULD also set the stage for the next rally
120bars & 13 day cycle at 11am TODAY
EVEN if we DONT GET any SUBSTANTIAL UPSIDE action today and or tomrrow, we still have
until JULY15th where the NEXT major HIGH & turn seems to exist--
SEE the JULY energy graph on previous main pages.
Of course a day like yesterday does NOT usually end in one moment of time,
and needs more time to settle in.
THANKS for all the GREAT contributions
it means alot when traders can discuss TRADING
IF we got a WAVE 1 low yesterday or today at the 1030-1035 level,
thats 100 pts under the 1131 high on June 21st
62% retrace = spx back to about 1100
78% retrace = spx back to about 1115
Expected DATE for above would be MID JULY