ajtj99's Market Pulse

[Justa Werkenstiff]

Market: Time is short as I have to go out. Note crows forming on SPX daily. However, I think they will be overcome in time...weeks? There are buys on the averages here. I suspect they will last into the close. Need a CATL. What is important is that they run the board. All the averages are getting daily buys on a quick scan. That is the mark of an intermediate bottom in the making with opex help. Weekly average buys as well lining up. Moreoever, fear measures are going through the roof and are at daily buys as well. Typical pattern would be a small body Monday...doji quite possible. I see the formation of an intermediate bottom here but may take some work on the time issue because of the nature of the down and the crows.