calvoit sometimes still surprises me how often news events marry...

calvo

it sometimes still surprises me how often news events marry up with t.a.

during the course of trying to figure out targets, i often think how the heck can the market move to that price target....and surprise, surprise...it often manages to get there.

the media often credits major moves to news items....but sometimes, they just find excuses to explain what they sometimes cannot explain.

this time round....you name it. bernie being grilled by congress (wouldn't it be funny if they showed him the door). fear of rising interest rates in the u.s. rising u.s. dollar. resetting jumbo loans in the u.s. another financial institution collapsing. who knows.....but something is coming.

as red suggested, a big move is coming. imo, the move is to the downside. of course, i could be wrong about the direction but my charts are suggesting that it may be big.

redbacka is just suggesting caution. one can take heed...or you can chose to ignore.