MARKING TIME

Today is holding up better than I would have expected, but it only means the inevitable dip is delayed.

Instead of Jan 31st, we might have to look for FEb 1st , just b4 the full moon, or FEb 2nd just after.

Today marks 68-70 hrs at 1:30 and 3:30 from the Jan 12th HIGH, and we would expect the market to PEAK at those junctures, and so far the actual high was at 11:15 which was the 135 bar mark. 90 + 45= 135.
The high 12,538 at 11:15 was a near match to Mondays intraday high at 12,540 level.

180 bars today at 3pm , SHOULD see a marked decline at that point in time.

Fed announcement at 2:15 tomorrow is at 259 bars, and might be the trigger for the decline??

Jay