That did NOT go well for the EKG today now set back for 2 days in a row.
that hasnt happened since March, when I first started publishing it.
we just went from OVERSOLD on Friday to NOW overbot
yesterday's PC ratios were 80% Bullish
Today's PC ratios are 80% BEARISH
Reading for tonight calls for $$ Crisis- no idea what that means,
but we'll see if Europe is effected tonight
10am = 13 hr cycle HIGH, but it could be only a rebound high off an early retreat
IF the EKG rolls over into a lower open tomrrow, rather than a lower close today
Just as I mentioned yesterday, the EKG reflects 156bars on open today
but a mid day rebound should then give way to more selling in the last 1 or 2 hours
Wed should open higher in reverse of today, and even it it opens low, then 10am should offer
a great TURN lower from that short term high
JULY15th High with 16th TURNING LOWER
July 30th LOW
August 10th as published = 360 day LOW from March 6th = 1/2 of 144wks= 72 wks exactly