maybe this group of data will help with direction and amplitude
1. VHF index is a +15 = weak mkt
2. Jaywiz index = .25 on 9day ave = WEak mkt
3, Power index hit 600 at open and now at 500
tomorow at 400
Monday at 300
tuesday at 200
This indicates a declining mkt and could be in a BIG WAY
4. Pressure hit 3040 @ open and drops to 2995 as the day progresses
5. Activity index was @ 3.5 @ oppen and now dropping under 3.0
6. Flux index under 1020 = showing weakness
ALL in ALL the above data indicates the WEAKNESS will continue.
Jay
Hi Jay,
ReplyDeleteYou have amazing skills. Still reading your blog every day and you made and make great calls. Appreciate it.
Peter.