March 28 = 13 trade days from March 9th and 26 tr days from Feb 20, a short term low was hit.
ELLIOTT WAVE "A"
Next 2 days = a VERY weak rebound
ELLIOTT WVE "B' , I think
Today's reading was perfect= INDECISION, as previously mentioned
Whats NEXT ? Should be EllIOTT WAVE "C"
MY timing suggests APRIL4th for the LOW
What does that mean?
ELLIOTT wave "C" suggest a VERY hard hit
It should be OBVIOUS on MONDAY- Tuesday and WED with NO reprieve until Thursday and of course the market is closed on Good Friday.
Unlike my previous outllook for Tuesday, it has 180 bars at 12:30 and 204 bars at 2:30
And the pressure should NOT let up.
Apirl 4th = 18 tr days from March 9th.
The 4th has a negative influence at 2:16pm, 259 bars at noon, and 30 bars at 3pm, which , IMO, would be THE TIMES TO CLOSE OUT ALL MY PUT positions. take your pic.
I seem to be in the minority as there are many analysts indicating April as a severe market month, and for the most part, I am forecasting the opposite. My timing shows that May10 to may 20 should be where that severity hits.
As most of you already know, My work indicates a huge rebound Starting on April9th and ending on April 17th new moon to April 20th which is the Bradley date.
SO- simply stated
IF we do get a decline Next week as suggested, then BUY on the 5th, and get buckled in for the moon shot.
The 5th reading calls for an OK start- mid day drop, and OK finish