The New CS Board

[ahimsak]

Major support at lower trend line, currently 1490.64, going up 1.89 daily.

First major support level: 1536, gap up on March 5th.

Have no idea how this all plays out, but if we keep going sideways into friday, expect a big up day monday and up into fed meeting. if that happens, sell the farm and short the market.

bottom line: Trend is up into april when we make the first top, which after a 7% correction or so could lead to another high later in the summer before a drop into the fall, etc, etc, etc.