Tuesday, July 21, 2015

Tuesday 21st – Wednesday-22nd critical



Tuesday 21st – Wednesday-22nd  critical 
Tuesday we have Apple and Verizon earnings to mention a few power houses.

Monday closed at the most Overbought level since Dec 30th when we dropped 100 spx points in 6 TD.

Or back in Oct 27th where we went up 150 Spx points in 30 TD.

SO Overbought doesn’t mean we will drop!!!!!!!!!!

My best guess is we will drop by Thursday this week at the latest.
Jerry

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