MSFT – Microsoft (Last:424.62)

This week’s chart is so fraught with significance that merely talking about it could create a problem for us, albeit a metaphysical one. First, I will refrain from typing the price associated with the red line, since that would almost surely queer the likelihood it will work as intended. It will work nonetheless, to the extent it tells us with high reliability whether Microsoft is on its way into the stratosphere. This information will be invaluable, since the stock remains the most dependable bellwether we have for the bull market. Is MSFT going to the 556.06 target, or will it instead get stopped dead at the midpoint Hidden Pivot? We shall see. I am quite sure, though, that I have chosen the correct pattern, for one reason: there are no alternatives — i.e., two of the three coordinates are ‘locked’, and the third is a glow-in-the-dark choice, if not absolute. I doubt that hundreds of subscribers can keep a secret, but that’s what I will ask. Please don’t discuss this chart outside of the chat room or disseminate it to outsiders.  For trading purposes, your bias should be bullish at least until the red line is reached.