Wednesday, March 18, 2015

Quick Market Update

It looks like the parabolic knee jerk reaction is already fading, not in price although you can see it starting there too, but in 3C underlying trade and intraday breadth. As I warned, BEWARE of the knee jerk reaction.I suspect we are going to have a very different looking market over the nexsxt 48 hours, possibly as soon as the overnight session. This is parabolic move is not CONFIRMED.

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