Here's a bit of what Richard Hahn is saying on his site today about the market over the next few weeks. As usual, it's bearish:
Technically, the market is due for a significant setback based on overbought and overvalued conditions. It should happen in the next three or four days. A bearish orientation is advised. However, if the market does not assume a technically bearish look by dropping through key support zones by Thursday, March 21, then the bulls will be able to easily invert the pattern. The time arriving around April 1 may turn out to be a high in the price cycle. That would be exceptionally bearish and one would want to have funds available to short some kind of irrational exuberance going into that time. That means one should be ready to cover short positions by Thursday, if the market stays afloat.
There are multiple waves pointing to Monday, April 1.
