The technical pattern of the S+P 500 shown here in a 15 minute Candlestick
reflects pause, hesitation, and uncertainty.
Choppy trading back and forth. Is the market building a top here, or is that a definite multi bottom base in front of you ?
To me" any" market worrying before the month of April is " the set-up" for SPX 4000
First quarter earnings,starting in Mid April should strongly surprise to the upside,
propel the market onward and upward, and possibly sharply higher too.
Recent technology weakness, will act as the "fake out dip"
before all these stocks , once again are bought in volume by big money in Q2
that should springboard technology stocks to all time highs yet again.
Long term bearish.Yes.
However this is NOT the time,.. to short this market.
THE_UNWIND
3/30/21
Wood of Connecticut.
reflects pause, hesitation, and uncertainty.
Choppy trading back and forth. Is the market building a top here, or is that a definite multi bottom base in front of you ?
To me" any" market worrying before the month of April is " the set-up" for SPX 4000
First quarter earnings,starting in Mid April should strongly surprise to the upside,
propel the market onward and upward, and possibly sharply higher too.
Recent technology weakness, will act as the "fake out dip"
before all these stocks , once again are bought in volume by big money in Q2
that should springboard technology stocks to all time highs yet again.
Long term bearish.Yes.
However this is NOT the time,.. to short this market.
THE_UNWIND
3/30/21
Wood of Connecticut.