I posted this morning that I and others here may have been 24 hours early with the call for a Dow bounce.
It may still happen...or not.
McHugh believes indicators suggest an early intraday fall tonight followed by the bounce.
One of his indicators is at the fourth-lowest in 49 years, and on each of those lows a bounces of several hundred points occured.
The rally may only go as high as January's top, around 9100 for Dow... then comes the March equinox (March 22)turn down...hard.
Interesting.
tuesday, page-70
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