Monday, April 15, 2019 10:36:53 AM
Friday Gap Up and Go Nowhere
http://www.pretzelcharts.com/
"Friday saw the market gap up, as is its wont of late, then grind around and go nowhere else for the day -- as is also its wont of late.
Accordingly, there's nothing at all to add to Friday's update. If you'd like to reread it, it can be found here: Friday's Update.
(Sorry, in this market, I couldn't help myself... Friday's actual update can be found here: No, really, this is Friday's actual update, I swear.)
I've updated the last two charts anyway, and added a potential "if/then" on INDU's chart:"
"Literally nothing to add to SPX:"
"In conclusion, there's just nothing to add since Friday -- as I noted in that update, the larger inflection point will take a few sessions to play out. Trade safe."
http://www.pretzelcharts.com/
"Friday saw the market gap up, as is its wont of late, then grind around and go nowhere else for the day -- as is also its wont of late.
Accordingly, there's nothing at all to add to Friday's update. If you'd like to reread it, it can be found here: Friday's Update.
(Sorry, in this market, I couldn't help myself... Friday's actual update can be found here: No, really, this is Friday's actual update, I swear.)
I've updated the last two charts anyway, and added a potential "if/then" on INDU's chart:"
"Literally nothing to add to SPX:"
"In conclusion, there's just nothing to add since Friday -- as I noted in that update, the larger inflection point will take a few sessions to play out. Trade safe."
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