Funny, you should say that, because I was confused re
time.
Re
price, it would make a neat top.
The price,
942.5 could be a top because retracements from March 6 low to price
today,
yield perfect retracements which conform to monthly
figures.
14.4%=902 (monthly pivot 903)
23.6%=877 (monthly S1)
38.2%=836 (monthly S2)
Today's advance may mark the top of this up
trend. I have Near Impulse dates for all indexes and sell signals on all
today.
Trading below today's low and a close below will
add evidence to the reversal.
Very often we will see economic news coming
to support these Near Impulse dates so tomorrows retail sales data may support
a reversal.
Jim White Pivot Research & Trading
Co. PivotTrader.com
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