No one can really know when this wave will end but the evidence suggests there could be a break this week.
It's the week after options Exp
it's the 20th of the month & last 10 days
Nearly every month since March 9th, 2009, the mkt has made lows at the first of each month and highs at or near the 20th of each month, and dropped off in the last 10 days
WILL that pattern be repeated?
Monday calls for HIGH Expectations and we have a PRES speech emulating
__irrational exuberance, Maybe ??
Tuesday indicates something is out of control, havok, eruptive showdowns
What will it be & will that have any effect on trading ??
Unsettled, stumbling blocks
Financial warning bells
expect CHANGE - FOR THE WORSE
Disagreements & poor communications
Monday 27th - DONT BELIEVE everything you hear or read
If we get a strong sell off, the NEG sentiment & RHETORIC will be RAMPANT
by Monday , the WORLD will be coming to an END--
See Monday's warning- DONT BELIEVE IT