THE NEW JAYWIZ 2023

THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023

Saturday, March 16, 2013

Market Timing-Whats Next!! REACHING GOALS

THE SPX HIT 1563 and that is JUST 3 PTS shy of my PROJECTION of 1566 IN THE MONTH OF MARCH on or before March 28th.

DOES THIS MEAN A CRASH IS IMMINENT
NO!!--- IT DOES NOT---

REPEAT-- NO !! IT DOES NOT ---

but the market is short term overbot and has been since the 8th, according to the ARMS DATA.
  
March 8th
5 dayArms 75.4
5 day trin 377
10day trin 821
20day trin 77   
ALL GROSSLY OVERBOT 


Blue readings are OVERBOT
10day OPEN TRIN = .90
5 SMA =.70
ALL strongly OVERBOT
 
















WE are expecting a set back on Monday & Tuesday to about the 1535 to 1540 level

THEN  there is STILL THE POTENTIAL to reach as high as 1590 on the SPX -on or before
March 28th

STAY TUNED FOR FURTHER UDPATES
Jay

 

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