Not much to talk about here folks but dont expect us to move down into the end of month, Why? because we will have one of the first upside window dressing in months. The fact that the financials and other beaten down sectors have performed well many fund managers will want to end them to their books to look like they are smart.
Also I think wave theorist are wrong on the current wave count in the market. Most are thinking we crash and go to new lows here BUT I dont think so. I really think we chop around or grind higher till we get news on the market to market decision, then their will be the top of this run up.
Right now folks is a time just to kick back and watch, yesterday was testament to this, there will be tons of opportunities soon but right now we are in chopfest mode.
MARKETJEDI
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