NOTE on 23rd- LOOKS LIKE 22nd & 23rd maybe reversed
I should have published this on Sunday as it more clearly shows the CHANGE occurring after today
I Hate the idea of HOLDING over a wkend, but the graph and reading indicate
a LOWER open on Monday, Spt 27th, but it does give us choices.
I know Im putting the CART in front of the HORSE since NOTHING has happened
yet, so I'll wait to suggest what I would like to do on Friday, GIVEN the above comes to fruition
The previous week power graph worked out quite well- obviously not 100%
but in general it did depict the daily mkt moves with decent accuracy
ITS NOW 3:30 and I think they've SHOT the works
disparity of SPX much less than DOW leading the overall mkt lower
They just had to over ride 1130 and get to 1150, almost -- exactly@ 1148.59
which adds up to the next higher level of 5
1+1+4+8 = 14 = 5
SPX heading lower at 3:35pm @ 1139.43 with still 25 minutes to go
I have NO idea why the FED hype would indicate a strong market
for anyone to buy into -- HYPE -HYPE - HYPE
FED said the economy sucks and they stand ready to apply more aid.
DUHH; doesnt that mean the economy is in deep doodoo
WHO would buy into that ?? retail buyers??
SIGNS of DISTRIBUTION
Last minute buyers who think they missed the rally -
Isnt that what makes a FIFTH WAVE??
204bars at 2PM CYCLED in right at FED time= pivot low
228bars @ 4pm and or open tomrrow