Now What?

Dear Readers a decline is expected within 2-3 days. As you well know we have the rules for the market pressure gages. One of them is that when the sell pressure hits the extreme ( 3 days ago ) then we must expect at least a corrective decline within 2-4 days. So 2 days have passed and now we are closer to the "correction". Depending on the depth we will know what our further options are. So watch the high limits for the signs of weakness and exhaustion in the stock market. Gold took a detour as expected and corrected about 2% in the middle of our forecast correction range. We now expect a recovery to the March highs, possibly higher, into the end of March and/or beginning of April. The picture here is then of looking for the low limits for strong turnarounds. Dollar got a bit stronger last week, but this is a temporary event, look for lower move by End of April Early May period. Energy meandering for a while. Good Trading