  UPDATE AT 3pm WITH NO SELL OFF OF ANY IMPORTANCE TODAY we can surmise there is ONE MORE THRUST coming at open tomorrow before they back off to 1313 level heres the math tell me what yu think after tomrrow's open 60x78.6%=47+1296=1343 47x 62% = 29 - 1343= 1313 Jay | |
| July 20 @ 8:30am |
How high is high??
1328.60 would appear as a likely target
If it goes thru that, then 1333 is MAXIMUM, but I really think that will wait for another day
or even possibly late today
We can see that the EKG confirms the Power data fora mid day low and strong recovery
into the close or tomrrow AM
more later
Jay
MORE NOW
today as mentioned should get to 1328.60 at or b4 10am
After a set back today at 11am to 1pm
they should run higher into the close thus giving 7/21 possible to 1333 at OPEN
REPEAT a set back THsday but this time into CLOSE
THEN a rally on Friday might get there again on CLOSE
that would setup Monday for a GOOD take away
1333-1296= 37 pts gained
37X 78.6% =29
Monday could go all the way back to
1333-29=1304
60pts lost x 62% = 37+1296 = 1333 GAIN
BAR pivots FOR TODAY
11am
1pm
3pm
That minor dip as shown on the EKG could occur at 3pm thus allowing a higher close
Jay
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