ONE caveat on the 13day cycle
EVEN if it hits at 11am on the 2nd,
IT IS POSSBLE - & I only watched it happen maybe once or twice before in 2008 or 09
cant recall exactly when, BUT IT DID HAPPEN !!-- what are you talking about Jay?? Ok Ok [g]
The 13day CYCLE previously hit somewhere in 08 or 09 exactly when it was SUPPOSED to
BUT the MARKET MADE A SECONDARY LOW the NEXT MORNING
THERE IS STILL SUPPOSED TO BE A SHARP 2 day DROP
IF it DOES NOT OCCUR TOMRROW & Monday
then IT WILL HAVE TO HAPPEN on (90% effect) on MONDAY & (10% effect) on TUESDAY.
IF THAT DOES OCCUR then TUESDAY should be the PIVOT LOW & TURN higher to the 11th for starters
I CANNOT see the SPX breaking OVER 1420, without first making a very steep DIP
WE MUST see at least 2days with an ARMS index of 3.00 OR MORE to get a pivot & reversal
***and that has NOT HAPPENED YET!!!!
that MONSTER SELL SIGNAL IS STILL HOT !!
and the SENTIMENT is JUST TOO BULLSHIT !! bullish !!
Everyone is looking to the MOON, and that cannot work !!
BUT April 2nd & 3rd ARE THE furthest days that can happen
IT CANNOT DRAG OUT beyond that