Oct 6th @ 8:45 |
Any low today, IMV, could retest 1101 and then head higher to close out the week
on a rebound high between 1140 & 1160
Today's 110 tr da cycle seem like it wants to hold onto earlier gains
not overbot yet?
Energy is WANING but maybe not to the point of over the edge
Power data shows today as UP- DOWN -Up with a lower open tomrrow
MONDAY is COLUMBUS DAY, NOT a market holiday - banks are closed
Has shown tremendous volatility in the past on that date
There are a number of longer term fibo convergences next week that could coincide with major
lows thus allowing the price levels to seek lowest possible support levels
more later
Jay
No comments:
Post a Comment