Alternative Path

[gdl]

Despite the drop today i still see a rebound to 6330 area within one months' time followed by 2 months drop to perhaps 5800 followed by one more rally reaching 6000 area before the JULY crash.

I have changed my assumption on hitting 6660. 6330 is more likely as a momentum chart seem so indicate. The tariffs and trump policy disasters should hold the line on decisive upside moves till the crash. STAGFLATION in my mind seems a very likely result.

Despite the VIV hitting 17 today we should run back to the 14 area by July. This is the equivalent of an announced Pandemic and the 5-week treading water Instead of 5 weeks we should hold off for 5 months.