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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