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

Friday, July 30, 2010

JULY 30th

180bars hit at OPEN - MKT down 120 dow
26Hrs REBOUND High at 10am- dow off 23
now we see very clearly that the 39 hr cycle series can be rebound highs as well as HOD, or LOD
62%/13 day cycle is @ 11:13am
258bars @ 4pm plus negative energy influence after close

JUST a NOTE of WARNING since i wont be publishing the August graph till Sunday
MONDAY, Aug 2nd appears QUITE POSITIVE, but dont let it fool you,
as Aug3rd seems to be the EXACT opposite


KAVIAAR said...

buy the dip, you missed another great opportunity

feeding the Bull....

Reza said...

Dow prev high 11300 area, guidance was 7% lower. So value is 10509 based on earnings, so why long. Still have to wait future guidance for going long/short. Fins all guidance down so far.

sirgiyan said...

It would be nice if KAVIAAR explains why TLT and FXY are so high and what does it mean for the market?