monday, page-33

What from here?

We can just go higher or suffer 2 or 3 days to new lows IMO on SPI.

Spi discounts seem to suggest too much pessimism building but there is room for other indicators to get a few days lower.

Other indicators such as 10 day up-down and 10 day open-close have diverged wildly and usely suggest muddling for a while till they get back in sync.

Weeklies look negative whilst monthlies look quite positive.

Get used to it perhaps. Might be one of those trading years.