That sounds about what I am thinking if the inverse head and shoulders pattern holds true.Do you position trade or swing trade?I used to position trade but I have found swing trading more profitable.I think the countertrend down days this week will be Tuesday and Friday but this could change depending on how fast we go up.
Re:<<As I postulated in my previous posts, I'm contemplating a Memorial Day top, or roughly six weeks of rally from here on.>>
Now I'm confused. How does this track with the summer or early Fall relapse which might result in new lows. Are you suggesting that follows an explosion up?
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