wednesdays wriddle, page-2

Would be interesting to see.

According to Jake Bernstein if the January high has been taken out on the monthly bar there is an extremely high probability to continue up for the rest of the year until the famous Sep / Oct time.

If the market sells down on Friday below the Jan high, there is a high probability for it to continue to the downside based on backtesting numbers for I think the last 100 years on the dow (I would have to double check that).

Let's wait for technical confirmation though...