On Wednesday April 6,2011 we said...
"After consulting with some of our astro charts, it looks like the market can potentially work its way sideways to higher into April 21st +/- and then correct into May 2nd +/-....
"If" this scenario works out, to some degree, then the market should rally into May/June...
Let the Trend Following Signals navigate us through this..."
This morning...
We were on a Buy signal from March 24,2011 when the above comment was posted...Then on April 12,2011 we issued a Sell signal...On April 12th the TNA was 82.00, TZA was 37.43 and this morning the TNA is trading at 82.94, the TZA is trading at 36.94...
What happened between April 6th and today was that the market tried to shake out as many traders as possible...So since our April 6th projection was not correct so far, we did do what we suggested and that was to "Let the Trend Following Signals navigate us through this..." These signals have done a great job...
So what is next? We are still on a Sell signal and we are going to wait for the next Buy signal from what ever level it occurs...Let's also see what happens with the rest of the astro projection from April21st +/- into May 2nd +/- (April 29 - May3)...
Past performance is not indicative of future results.
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