This morning at 10am the market pushed to a new intraday high- That event ocurred right on the 75-77 hour cycle HIGH from Nov 20th.
Whats NEXT?
Well, now that the cycle high has passed, we might start to look for an avalanche
Will the JOBS report be the SPARK? I guess it depends on how the report is viewed with the FED interest rates in mind.
The 11th and 12th has been posted by others as a possible sell off.
There is critical support at 1380, and then 1340 after that
My own work NOW indicates, that IF a selloff starts Tomorrow, it could continue to Wed AM.
Jay
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