Thursday, January 3, 2013

Thursday High and reversal

 Several things make me look for a high Thursday.
Things happen in 3's  and Thursday  yellow 3 day.
I would look for an afternoon high.

Chart shows $CPCE looking for that OB high.











This chart of the volume in green spike happened the day before so Wednesday big rally was not supported, and the fact that volume was down
offen has the next day flat to down.


Extremes are bearish and the vix is close to a  BB low.

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