XJO - noon update - the 30 min chart has the cloud providing support. I think it would just be a matter of time before we hit the lows again. I guess its better for the market to go down in a measured gradual manner rather dramatic falls. stops are in, motions out. As mentioned previously the daily chart was telling me that 27 March was a day of interest and this cycle from the 27th on the daily chart could last all the way to 11 May where at the moment I suspect would be a market low. circled in red highlights the retracement tragets for todays fall the retrace hit the 50% level. we probably seen the tops for today.
