Steve,
>>>>>>>> What's your analysis for tomorrow given today action? OEX almost tested 470 and tomorrow should be a thin trading day making easier for floor traders to manipulate.<<<<<<<<
Sorry, but I really dont have a crystal ball to analyzed the market on a day by day basis. There are times where probability is very high for a specific time, but that does not happen every day.
As I have indicated before, that SEPT 3 should have been the TOP, but it actually occured on SEPT 2, yesterday - so I was a day off.
The TOP has occured, and now we should be heading down, but it wont be in a straight line. The probability is that tomorrow could be a big down day as it was today.
If 7400 is broken at anytime, even intraday, that would signal 6900-7000, and if that is broken, then 6400-6500. Best timing for such to occur is within the next 2 weeks, with a strong reversal to the upside to start around Sept 17-18.
Seeya |