With all the gloom and doom on how much farther the stock market has yet to fall we need to step back and ask ourselves “What if this low holds and we start to climb higher over the coming months?” We could be setting ourselves up for a slingshot move to 32,913 that will shock the world. When we start to see the hoi polloi who were busy chasing the last mania (bitcoin) move into the general stock market is when we will know we are near a top. Although we don’t trade weekly charts the theoretical entry at 25,748.7 is upon us and we should be on the lookout for signs on charts of lessor degree that this bull is just getting started. So throw out your preconceptions and ignore the media fabricated narratives and let the numbers and hidden pivot signposts simply tell us exactly what the market wants to do. [Tout prepared by David Isham]
