Friday, March 15, 2019

S&P High On 3/13/2019 Is The Number To Watch

The high (not the close) on March 13 is the number to watch for. It was a reversal long upper wick as I have outlined below. The number is 2821.24. It really needs to OPEN and CLOSE ABOVE this at least once to confirm it is going to a new high. A close only is not as powerful indicator. It does not have to gap open higher, just open higher, which means it could take a day or two of slightly moving higher. If the market opens higher today, then moves above and closes above this number, on higher volume, then that would be a strong indicator as well.

I think we are going higher before a new letter is drawn. I do not think it can be a "W", however they could do a "W" after a new high. They can draw an "M" above but not a "W" without going a lot higher first. This whole fabricated Dow and SP divergence was done to confuse. It is this simple. If the S&P appears to be breaking out, but the Dow is lagging...what to do?? This is how they operate and it is very difficult to discern as they are masters at manipulation and brainwashing and programming. They do have El Diablo on their side.

On the contrary, if it were to challenge or even break the 3/13 high, but then falter and move back well below that, then we are probably getting ready for a big move down. The whole direction of this market could easily be revealed today. Watch, wait and see.


Yes LOVE