marks an IMPORTANT TURN, & not beneficial to the bullish case.
THESE graphs are only A MINOR PART of the EVIDENCE that has been MOUNTING
since the Dec 31st Low at 1398
Yesterdays HIGH at 1509.35 was only 3.35 pts higher than my projection of 1506 posted to the group and here yesterday.
identifying AN ENDING DIAGONAL in progress can be very informative, but as weve seen, it can stretch out to its limits- Just what those limits are become obvious once it finishes. We should see that in the next 3 to 4 tr days.
Im not the only one who has been watching this unfold - many other techs were in the same boat this month.
Stay Tuned for Further Updates
Jay
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