For NOW, there are many who are waiting for what we all know is coming;
Its not a matter of IF, but WHEN
Many of my associates and other analysts have all been reading possible tops, but the market just doesnt want to listen.
Not much is going to change until AFTER May 5th, which is just around the corner
There is a strong positive influence on Saturday which has appeared a few times during this market run from 2002 lows.
The bradley date is also this wkend and It is showing on the charts as a low, but thats NOT going to be the case. It could represent a serious turning point as there are some stronger negative influences appearing next week, especially on the 10th
The 8th also has some positive influences but they occur after market closing, so they might not be as strong as they look on paper.
If the JUNE 24th Bradley date inverts, as did the May6th date , then that date "COULD" provide a more serious low point.
BEST WISHES
Jay
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