We have talked about tops and bottoms in May JA and some interesting scenarios come into play if we do go sidways into the anniversary again . Trouble is this sideways don't feel real sideways to me anymore .
ge
ps; the May top is more relevant if u view a monthly chart which means the rest of the sideways was distribution , just like now . I think I matched 2001 tops with 7/5/2007 as it was the first high .
What doesn't makes sense to me if May was to work again is xao has never done more than 5 red in our history but like last year when we created history with the most up weeks we may do the most red months this year . So April would be 6 red and May a lower low with a big green close .
Only guessing and prob wrong .
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