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JJ8

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JJ8

Re: JCB5 post# 18210

Monday, 04/20/2015 6:22:42 PM

Monday, April 20, 2015 6:22:42 PM

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That's positive news, JCB5.

Yet it needs to be confirmed by other major market index components of the Indicator. That did not happen today.

Interestingly, this is among the reasons why I needed the Indicator in the first place. Probably, it may happen soon or may be it will take a while as it unfolds- one way or another.

But as of today's closing, even though what appears 'good' today, was not supported by the metrics of the market 'internals'. Friday's 'Bullish Signal Reversal', the Breakdowns and Warnings were not lifted today. Let's hope that they will follow soon. We shall know in due time. Anyway, it is a process and data based only. GLTY & GLTA
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