Alert

UPDATE AT 12 NOON ET spx -18 so far.. The chart above is John Murphy favorite a 13/34 EMA. You will notice the last high was 18 bars to a crossover. Today we are at bar 16 near a crossover. So my call for a low tomorrow is looking better and better.
Jerry O









The more I think about this I believe we will have a trad-able Low on Monday's close or Tuesday May 24th.

With the high P/C ratio, several of my spread sheet indicators and the after OE slump!
What we will need is a 9% or less upvolume day

That is my best guess based on what the world markets are doing at 10:30 PM ET