Low Confidence

Still not getting the right numbers.W5 over laps W3 so no vote again.

 







Update at 12:15 Spx 2087.50
OK Last night I was unsure. Today at 12:15 PM ET after looking over the market action I need a close under 2081 SPX to get a serious trend change signal.
Lucky so far as I did short the close.
Stay tuned for tonight's report.   Jerry O

Going to make a low confidence call.

Outside day usually bearish.

Blow out day should be a down CIT.

Short above Spx 2099.50 could be zero or much more above.

Rates are not going up because things are getting worst , not really bullish,me thinks.

Low confidence because I have no sells on mechanical or ma’s.

I didn’t understand the EW pattern today.

We didn’t thrust into the close.

Jerry

Not investment advice.

Recap For Wed.

The EDT worked great but it was unplayable, damn.
Low was 11:20  am et
Wed mkt we have an inside day I consider it bullish. Of course it's Janet's day so who know's
Jerry


Recap Monday
We had the rally as predicted.
Monday Close  March 16th
Getting a signal we should look to short above Spx 2081.19. It could be zero above or 30 points above.
That's all I can say today.      Jerry O

EDT