modern malady monday, page-135

Well done Jaolsa.

With my cycles turning down last weekend, it seemed likely 24th or 27th.

I suspected 27th here because we react to US.

Got that and SP500 cash was just 0.04 pts lower hgh than Friday.

It may be interesting about 31st.

In '87 the Dow did a pattern in Apr/Jun that looked nasty but recovered.

In Aug/Oct it did the exact same pattern until 3 or 4 days from the crash.

I'm sure many looked at it back then and said "you can't fool me twice" and then it struck.

The pattern we are doing now is not unlike Feb/Mar.

So if we get some more pullback into 31st, how many will say "ah, just like March".

You will probably be right, but it looks like it may be the decision time.