On March 31st the cycles forecast was:
Bullish bias into April 1-2, then a
bearish bias into April 10th
When we approached the April 10th window we watched short term indicators more closely.
The following is a screen shot of one indicator.
This morning it was oversold.
Since Thursday is April 10th and the forecast short term cycle bottom, watch for any pull back into that window +/- a day.
The next forecast short term cycle top is believed to be April 17th +/-
This has been posted for Educational Purposes Only. Do your own work and consult with Professionals before making any investment decisions.
Past performance is not indicative of future results.
Past performance is not indicative of future results.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.