I encourage you to read my previous post from today, but I wanted to add a short-term comment. Today is the first Sell on Strength day in a while which often happens near a short-term top. The System numbers are not indicative of a typical top yet but they are close. Perhaps the EDT scenario I mentioned with top on Mon-Wed would force the System numbers into sell/short mode with SOS supporting that. That would likely lead to a retest of 1825 and the 20dSMA etc, and breaking that in the next week or so would support Scenario 2 posted earlier today. Rallying hard from an 1825 retest or rallying hard early next week without dropping would favor Scenario 1. Good fortune.
Nice to see your comments. Hope all is well.
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Randy
great to have you back again s2! missed your insightful comments. hope you post your thoughts on a regular basis again soon. take care.
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