As I have been saying for the past week, look out for Feb 27th !!
On track for a low today, slop around tomorrow, AND gettting ready to BUY on MARCH 1st.
204 bars hits at 3pm on WED along with an 18 day HIGH to LOW cycle from FEB1st.
259 bars hits at noon on Thursday and the market should LIFT OFF from there to March 9th
A little SELL OFF could occur on the 12th and part of the 13th, but there is still another high waiting in the wings after that- ending on March 16th.
I dont want to get to far ahead, but heres some dates to watch.
March 16 HIGH
April4th LOW
April 20 HIGH
NOTE OF CAUTION -IN between April 4th and 20 could be very choppy- Its the kind of market that chews up both bulls and bears
Remind of this statement when we get there- THANKS in advance
April 20 to May 20th stands a better chance of a bigger correction time period.
Jay
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