WE ARE ALL expecting the BEAR TO TAKE OVER, but ""WHEN"" has become more elusive than my previous projections inferred.
THUS
in review of what I wrote on the previous message , I AM ADJUSTING MY
THOUGHTS TO CONCUR with what we see and some possible projection
inversions JUST FOR THIS WEEK.
THE PD infers the 4th as an intraday high THEN the 5th, a BRADLEY date- The turn lower, not a LOW-pivot as previously indicated.
RIGHT NOW TODAY- April 3rd & 4th
IF
the SPX does NOT HEAD LOWER breaking under 1558 and HOLDS nearer to
1570, then A LOOK at the PD depicts the 4th will OFFER ONE
MORE ATTEMPT to touch those magic levels.
FAILURE to achieve and
break OVER 1575, should have its effects On the afternoon of 4th and the
afternoon of the 5th--
SUMMARIZE __The 4th ENDS the RUN
The5th
BRADLEY starts the DOWNTREND in EARNEST -
A DOWN FRIDAY generally leads to a down Monday, and in this case a lower open on the 9th.
THE 10th MIGHT ONLY OFFER A ONE DAY REPRIEVE as this DOWNTURN is STILL GOING TO BE QUITE DEEP AS PREVIOUSLY PROJECTED
Thus, My game plan will be to BUY MORE SHORTS On the 4th at any rally from 1575 - 1583, and WAIT FOR THE HAMMER TO DROP on the 5th, and it wont be obvious that something is wrong until the8th or possibly even after the 10th.
CONFIRMATIONS of a SERIOUS TURN ABOUT TO OCCUR
CHOOSE TO SEE WHAT YOU WANT- BUT DO BEWARE
PROTECT YOUR PORTFOLIO -- NOW !!
stay tuned for further updates
Jay
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