Today. And tomorrow. Which is when we’ll get the noncement and the dog and pony show. The market will react, and in the days after, as always, we’ll get the Fed Resubstantiation Rally.
For now, it looks set up to go… drumroll please…
The answer for now lies outside of 5110 and 5117. And I’m not sure that we should run with a break either way. But I’d be remiss to point out that if it’s up, it would tend to confirm the base breakout conventional measured move target of 5265. There’s also a 5 day cycle projection of 5205. Furthermore, the hourly cycle oscillators are hanging around above zero. If there’s no downside break today, a subsequent upside turn would be very bullish indeed. Swing Trade Screen Picks – Hidden Gems
For moron the markets, see:
- Swing Trade Screen Picks – Hidden Gems April 29, 2024
- They Walked the Line April 29, 2024
- Gold to Hibernate Till Winter April 24, 2024
- Watch Closely as Warning Signs Abound April 23, 2024
- Warning Signs Abound, But Ignore Them for Now April 16, 2024
- March Withholding Tax Collections Actually Stunk April 5, 2024
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