I really should have picked up on that March 30/ April2nd low, but I was mislead into expecting more. Others had indicated that pivot point.
The signals are not misleading, ITS just how you read them.
Monday at 2;30 was the low at the 126 bar cycle hit, and should have been bot.
Lets not get off the track because of prior errors- WE cant expect One person to be right 100% of the time.
SO, WHATS next?/ OK, Lets explore
TODAY, the PC ratios are REALLY screaming SELL, but the actuall sell should wait for next week and or Wednesday and its really NOT much of a sell. a better sell signal should hit on the 20th. The volume and lack of vloitilty shows most are already on their wkend holiday.
I dont expect ANY bad news this wkend, NO Iran attack, and NO big market moving employment report.
SO, AM i still looking for a big move up on MONDAY? YES, I AM.
Monday, we have a combination of gravitational and planetary influences indicating a final push higher.
That rally high should linger for a couple days before giving in to some selling on Thursday and Friday April 13 and 14.
A BETTER sell OPP should come in the WEEK AFTER the 20th, which is the BRADLEY high.
As always,
Best wishes
Jay
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