As expected we had a range narrowing and broke out to the down side. Now the near term down trend is casted is stone and a bold forecast would be 5 more days of selling, albeit very good news to break the down trend. There may be a sense of no interest rate cut come end of April looming. Inflation is getting out of hand with 120 oil. An R3 was sighted yesterday. Tomorrow's numbers are 639, 636 and 633. The second target of 624ish may be achievable now.
2c
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment