|8:15AM March 7th|
Looks like we get both bull & Bear OPPS today, but I doubt it will amount to much either way
spx 10 pts or Dow 100 could offer the range, but thats about the same every day
Today's Psych calls for early demands, better later
60b @ 11;30
90B @ 2pm
Pos energy at 10:20 to 11am
Mild neg energy after close- non event?
Looking at the data, Im guessing we get a sloppy open
tradeable high this afternoon at possibly 1pm
low at 90 bars @ 2pm
Closes on the upswing
IF either or both Highs occur, theres NO way to tell if the 11am high would make a better short than the 1pm high at 8:30am point in time.
Once trading hits those time frames, 11am and or 1pm , we can look at Elliott, price,volume, A/D, and other data to give us some idea of positioning
ps: Today might just be day to watch
INCREDIBLE DAY for one that wasnt expected to be much
but that 100 dow point spread was exceeded to 170 pts top to low
SPX from 1327 down to 1303
TOmrrow, we will look for spx 1323 at or near 12:31pm
would be really great to see the closing low tomrow at 1294.
just like Alphee's chart, we could then get a rally back to 1327 on Wed
most of which would occur at open.