morning star monday, page-3

There are longer term readings that suggest the bear is yet to be confirmed.

However you can make a easy case that the UK and US have just tested the base of their expanding wedges which inevitably break and at the next test.

This implies that so far they have only reached half of their downside targets.

Does this mean XJO target is not 4000 but more like 3400?

Just for fun I am going to paint my picture for the coming week, but don't hold me to it.

Monday starts up but actually finished down.

Tuesday starts down but finishes up.

Wednesday and Thursday are up.

Friday starts up and finishes down and we start 3 of 3 to the downside.

Once Fridays lows get taken out then man the lifeboats.

Of course it will end up nothing like that :-)