Thursday, September 18, 2008

Added Indexes

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

1 comment:

  1. Anonymous2:27 PM

    Hi Jay,

    You have amazing skills. Still reading your blog every day and you made and make great calls. Appreciate it.

    Peter.

    ReplyDelete