  |
| We can see from the above toward the right side of this graph |
a dip at open, recovery and now drop off
Keep this in MIND- EVEN tho the EKG shows a LARGE move lower
does not insure such will occur- THE EKG MERELY points out intrday DIRECTION
IF this is USEFUL to you, then USE it to your advantage-
Jay
THERE are web sites out there that will give you SPX trading parameters for the day- Maybe I should incorporate that data with the above or provide a link, which I'm sure many of you already have bookmarked.
COMBINE the data from both and You can get a good idea of what the SPX will do today
Also use the Pivots provided by the bar cycle break down which I provide each day, and daily readings which indicate a pos or neg bias.
204 bars @10am
228 b @ noon
258b @ 2:30
More later
Jay
Market is following the COURSE laid out this AM by the EKG
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