• If oex can't break under 404.33 then oex could go higher intraday... If thats the case I'll short it
Previous close 412.19 - 1.95% = 404.152295 if oex can't break 404.33 then 5 or c could be higher to close out B. Current futures suggests it will get broke.
• If oex can break under 404.33 and does bounce intraday... I'll short it again because oex will be in a new count down into C. Count violation @ previous high of 413.32
• Providing OEX daily is in 1 trying to set a 2 and make a sizable bounce into 3... The new count down into C has many roadblocks along the way. The count down could be very radical with relief bounces along the way. Of note: * previous low b * previous low A * the 391+/- gap * 2002 low