Wednesday a wild day. I said if we close under 2060 everything would go to a sell in my stuff. Who knows what will happen the way we are so wild. I still have puts.
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Tuesday Evening close
Mechanical says today was EDT up signal.
Mechanical say today was inside day, I consider inside days bullish.
Facts say a close under spx 2060 everything goes to a sell and bulls in serious trouble.
I have no call as to true direction. Jerry O
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Monday evening close,
Every thing went back to a buy with this big move up!
We would have to give this rally up real fast since we were
barely oversold.
The only scenario I like for Tuesday is this: Monday was a
EDT, so we open weak Tuesday, make an intraday high and then plunge.
If we open weak and just back off a little all day then more
rally ahead.
Happy trading.
