This is the first Mid-Week Shuffle in weeks that has potential courtesy of
Spain. The Catalan drama will not be resolved in a day.
Spu’s have rolled over on the daily oscillator. It will take sustained price action under 2552 ish to keep an offer to the Indices.
It will take a print into the mid 2530’s for a reversal and pressure release on the medium term (25X3 P&F).
At least I practiced Rule #1. Don’t chase a bull market on Wednesday closing strength.
DeMark devotees are getting rewarded as his system showed yesterday as a possible turning point.
VIX…11.24 is today’s 200 DMA


