Today's Psych = ANGER & Frustrations
EMPLOY report NON event-
Activity index at a low ebb at the 66 level at 9am
Impact stream also showing a low ebb
Yesterday's low hit at 1;30 , a little after 228 bars, actual at 234 bars ,
just 6 bars over, but still within normal cycle limits
today's open low at 10am = 270 bars since 258 bars at 3;30 was a non event.
which translates into a similar delay today.
Today's bar low should be DUE at 60 bars @2pm, but COULD OVER RUN to 3pm
39 hours at 10am could be a strong turn, high or low, cant say yet. but 90 bars hits at 10am.
WILD roller coaster ride today- EMOTIONAL gains only
EXPECT EARLY OVERSOLD gains to be REPLACED by LATE LOSSES
POWER DATA shows a PLUNGE on the 28th
EXPECT strong rally from March 1st to 10th
Social & Political issues appear to be making resolutions
3;30 pm update
NOTE the IMPACT Stream above, and the DIP at 2pm with the recovery
afterwards matching the mkt
EKG PERFECT SCORE and now at 80% for the YEAR 2011