For Those That Want To Know Update

In my prior note I showed a chart I was watching to the exclusion of all else to gain insight as to where this “market’s” next move may signal. So with that in mind, here is a close up view of the same cart only via 15 minute intervals as ~12:15pm ET on this Wednesday. To wit:

For those that don’t really get technical analysis, that’s OK, I’ll explain…

The adherence to both staying under that shaded area, along with its seeming inability to get back through, only to monkey bar it higher and now beginning to fall away, is a very telling signal that there just may be no more there, there in the tank. If so? Gravity will begin to take its toll.

As always, we shall see.

As a reminder – a word from the legal department…

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