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Good Morning Cimac et al
FryDay TGIF Crooksday
adage” The Ides of March”
Good Luck to us all
Small droplets of rain turn into Rivers, Streams and Mighty Oceans
Small long Dow at 25910
Small short Dow at 26030
My plan is to let them both run and see
what the market wants to do.Never give up, never surrender.
Close both at 26080 and take the net 120pts.
Small short Dow at 26080
Let’s see if we get a partial gap close.
I don’t expect much as bulls start March … as expected.
Never give up, never surrender.
Small short Dow at 26080
Closed at 26079
Seems too bullish.
I may recalculate my route to 29k – 30k
and post over the weekend.Never give up, never surrender.
Small short Dow at 26100
Close at 26090
Very strange market.
Never give up, never surrender.
IF we are in a 5th wave to new ath’s in the Dow my
projection was 30k ( at the most ) by late November.The problem is that with the current rate of climb
we could be at that level by late March.Also using EW rules I cannot see a 5 wave structure
that would work for the given price and time targets.Hmmm … something else must be happening which is
a concern if we are to risk serious money.Small and nimble trades until we see more clearly.
Never give up, never surrender.
Well on balance I think March will not maintain
the bullish move past mid month.Never give up, never surrender.
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