Thursday, April 02, 2020 6:30:58 PM
Now here's where things could get confusing (for you)..... Y'see, The "Sneaky Decider Line" here ought to be be lower !.....
What it ought to be instead, is The S&P Equivalent Line (see 2nd from bottom bottom chart)
What it ought to be instead, is The S&P Equivalent Line, which as you may recall looks like this (The Black Clonk ! Line) :
Now, what those're becoming are WEAK Clonk Lines !.......
So The "Strong" Clonk (if there actually now even PROVES TO BE one) will take place AT THE JPM (& S & P) GAP FILLS
See top chart "Next day close".......It equates with S & P being above its' Line :
See what I mean ?.............Confusing isn't it
Hence Bottom Line = Simply this :
Here's where Tokyo comes in handy (anything above 18,000) is snorting ;
That's all one needs to know for now.....Except WAIT !
What if the Nikkei skies up over 18 tonight (which it almost certainly will).......
What if all THAT does, is close the S & P Gap ?........PLUS shoots the JPM up to its' $90 ?
Might have to wait until Monday to find out ?
Actually THAT could perhaps very well be.
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