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Regarding the posts about tomorrows action.
Momentum is still moving down, CCI is still moving down, MA Oscillator has
made a single up day and stochastics are still moving down.
We're still in that grey area regarding Delta--specifically on the
intermediate term cycle, but the pending medium term cycle low has yet to
really be recognized.
Not that it MUST be mind you, but generally they are.
"If" we did have an early intermediate term high on 6/5, it could be down for
another week.
That's just one scenario since the intermediate term cycle is not definitive
at this point.
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