Monday, March 24, 2008

high Turned today

Market might have topped at mid day today
Today was 34 trade days from Feb1st, and 55 from Jan 2nd- both were at near highs or turned down the next 4 days after.

jaywiz Index = .78, thats quite bullish - not sure how that will fit in, unless they get an open rally back to today highs and then turns down from there.

Bradley date = 26th

some others indicate selling thru the close of the 27th- charts edge- WCA- X tide

Hard to ignore those graphs

My own work indicates selling thru the 27th as thats a high tide date & 4th day in 8day cycle.

I dont think they will break 1260, but that might come the week of April 8 to 11.

Real exhuberance today and short covering

Best Wishes
Jaywiz

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