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Strategies & Market Trends : Zman Market Timing -- Ignore unavailable to you. Want to Upgrade?


To: zman69 who wrote (3657)6/23/2014 11:17:53 AM
From: Fintas  Read Replies (1) | Respond to of 15903
 
1890......1944....1998

Therefore I disagree with your

1948 will hold and not be busted

Time will tell.

Fintas



To: zman69 who wrote (3657)6/23/2014 2:24:09 PM
From: zman69  Respond to of 15903
 
The alternate possibility is that we see the next ST cycle low closer to the end of the window say 7/1 +/- 1 but that the ST cycle high has not yet arrived and will be extremely right translated meaning we continue higher into end of June before short 1-2 pullback into early July.

Next 1-2 trading days should indicate which scenario is playing out. I would expect a large move on Tuesday, and if it is upward then scenario of end of June high and early July low becomes the preferred roadmap, OTOH a large move down Tuesday indicates the baseline scenario of the 6/25-6/26 cycle low.

In any case trying to play the pullbacks in a strong bull run like this is hardly worth the effort. Better just to be long and sit tight and enjoy the ride.