think that march 3 represented the most recent top. JW's chart really shows this with an ADX crossover.
stockcharts.com[r,a]dhcayiay[dc][pb20!b50!b200!c20!d20,2!f][vc60][ilb14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14][J10809156,Y]&listNum=1
also, i notice jeff's sto system lining up. if the full falls below the 50, it will get ugly. ADX indicator shows it to be likely...still hasn't happened yet.
as for monday i think we get hard down from the open. i would agree with zoran's count (what else is new).
csf.colorado.edu
i figure we have 3-5 trading days before we consider MP. if volume remains light, then exiting shorts and going long into op-ex seems valid. if volume picks up to the downside, then maybe we can get a little fear and delta hedge meltage.
as for the 17th, that may be a diplomatic line in the sand, but it is not a military deadline. the war, if it goes, will not start this month imo. |
