Short Term Trading Member Forum

[Blackbelt1]

Deva, thanks. Market has been pretty boring lately. No real comments other than I still think the relatively high 80-week low was a fluke--not a bullish sign as we would normally interpret an event like this. Market performance since confirms this. Mixed messages abound (left and right translations, unusual volatility, market overreacting to bad news from isolated companies). A hard turn down into the 10-week low likely. If not in March, then at the next 20-week low in mid-May. If I'm correct about the turn down into March, it would begin soon--next week or the week after.

BB