Nothing has changed, but our new high. Seems the breakout to the upside is heeded with caution. Usually a break out would have some good momentum behind it, but not this one. That said, our trends are still up with the Mid-term not confirmed at this time.
Mid-Term: UP
Short-Term: UP
Possible Extended 5th with this breakout:
I don't know...We could be done tomorrow. Even the bulls have to be suspect of it all now..??!!
ReplyDeleteWe know its waning. Our time cycle arrives this month for a big turn. We just have to follow the indicators. The monthly ended with no significant indication.
ReplyDeletewHEN DOES THE TIME CYCLE EXPECT A TURN? MARTIN ARMSTRONG SAYS ALL MARKETS ARE LINING UP FOR A DIRECTIONAL CHANGE THE WEEK OF MAY 13.
ReplyDeleteThere are a few dates this month but May 20 stands out most. Does not mean you should trade it till then. This just means prepare or start positioning and make your strategy work for when it does turn. This is why you should know what indicators to use and how to use them.
ReplyDelete