TRADING DP

[TREND1]

4/14 Conclusion: We are in a cyclical bull market within a longer-term secular bull market. The overvalued condition discussed above creates a fundamentally negative context, but it doesn't cry out for immediate remediation. The current correction has not done much price damage at all, with a price decline of only -3.3%. Intermediate-term indicators reveal sufficient internal correction to justify a new leg up. The first necessary signal that the correction is over would be for the daily PMO to turn up