On the other hand, month end window dressing could kick in lending to more neutrality.
In other words, it's best not to make any bold predictions and take a wait and see approach here. As of yesterday's close, probabilities favor more downside. We'll see today if the market agrees.
What is the Power Signal?
Outlook:
With volume shrinking as the SPY tags the 50-day average, it's time to start putting on short positions again.
1 comment:
Several gurus are calling for an April rally...I don't see the catalyst. Iraq looking worse, although the media still focused on politics.
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