Tuesday May 27

As expected the day was in rally mode, but it lasted all day

End of day OBV, Ultimate osc, and macd all appeared to be rolling over

Jaywiz index = .13 and thats extremely bearish
OEX pc ratio = .50 Ditto
CBOE pc ratio = .95 = neutral

My propietray ADv Decl index = 422 and was 348 friday- these #s say get ready for a rally
My propietary vol index = 335 and was 295 friday
anything under 400 is quite bullish

It would seem theres a contradiction with the above data, but not at all, as it shows theres still a couple more days of slop, ro lower values b4 making a run to new annual highs.

Got very clear indications for a strong rally on friday, and will get comfirmation by thursday

Thursday has 180 bars @ 10am and thus should open down with 204 bars@ noon, the way is then clear to rebound; However, 259 b hits @ close, so it might just be a struggle to gain any ground, but all of it should become history on Friday.

Best Wishes
Jay