Kiss of death sell.

Looking at the ADX that could be the kiss of death sell that has worked before.
There is a chart from Advanced GET looks a lot like now and how we could pay out to get the April low I look for.

 

W or M pattern AGET pattern

I say it is an M pattern!

Bull or Goat

The goat will ram ahead and then go eat grass.

Where's the BEEF?

Pure and simple a momentum run and short covering enhanced by Jimmy Diamond. Strange on a 3 day weekend. Looking at charts to find a
fractal. Not even sure it was a breath thrust. I hope it was a bull trap.
Holiday weeks can have big moves. Color me skeptical.
Later Jerry
Later with charts

 Projection  from AGET and my thinking.

On Spx 1740 watch

Monday email post:\Unless we rally sharply into the close and cancel the parabolic buy signal.
Then that parabolic light buy signal ( Pattern )suggests lower into Friday.
Sharp moves.
If however we plunge into the close LOD then I would buy for a 1 TD rally
Jerry
After close update. Stayed flat since neither happened. 
Tuesday email post at 11am 
Inside days are bullish in bull mkts. I don't think this is a bull and a full candle is more bearish.
after close update. Making a little change Target will be raised a little to range 1740-1765 SPX.
Wed down, Thursday up a little, Friday intraday L.O.Wk 
Based on Parabolic pattern 

Mild Correction so far

Indicators have turned down with ADX blue turning up (bearish on a 1 TD view.

 FRIDAY MKT big % drop

retest should start

We hit 1947.20 Tuesday, important day.
We should be on the way to retest low.
Jerry

Rally to SPX 1954 still the thought

Look back to Sept,2 arrows green line. This us now.
TOP CHART




#2 chart
Look back to Sept again, green ADX kiss blue falls. Watch next 2 days see if cross (rally) or fails

#5 chart
MFI should come back to lower line circle if not then real rally.





Time frame next 2-3 days.When I post text changes :(
Jerry

OIL and spx 1737

Is oil going up?

I don’t know but many say yes it is due from oversold targets. My heating oil man called today, said I have some left at this low price $1.47 low for this area. Do you want a fill I said yes since I watch prices.

Here is a site to check local prices if you live in New England.

http://www.newenglandoil.com/

As far as my call for Spx 1737 that is expected in April. Since the all time high the Fibs have been spot on  +1- day. ( next Spx 1634 no date)

You will notice not only the F233 from ATH but F89 from Dec 14^th low.

First we could rally to 1920-1954 if oil can hold. Just a news driven mkt.

Jerry

Spx 1737 could be next