“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Thursday 2 April 2015

2 Apr 2015 - Another Swing Getting Clearer

As the volatility swigs Up and Down we are starting to see the pattern more clearly.  But we should still be careful overall.  The move up in the SPX today seems to be an extension of a d-wave, but regardless of whether we are on a d-wave or e-wave, the overall picture looks to be temporarily bearish.

MT: DOWN
ST: DOWN
PA: NA

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