10-12-2017. We need to be concerned today about a pause in the uptrend. We can see that our indicators held in a Bullish posture at the August low, which was the indicator that there was not going to be any follow-through to the downside.. Today has opened lower and a break of yesterday's low intraday may signal the start of another retest of support. A close below yesterday's low of 22821.66 would be a confirmation for the near-term. Focus today. Our first primary target resistance was this 23000 zone which we have reached. This is where the market will congest. The projections we gave are the NORMAL projections and do not reflect a Phase Transition. That is what will happen when we exceed these normal projections and find them converted from resistance into support. Keep in mind that there is still a risk that this week could close lower than last week 22773.67. The Daily Bearish Reversal lies at 22730. Keep in mind that we see a turning point in 2 weeks. This can be a cycle inversion unfolding as a rally rather than a decline if we hold yesterday's low and close higher today. Then exceeding this week's high next week would signal a sharp rally is possible. Then we get closer to our actual projected resistance at 23700. This week, resistance stands at 23064 and 23174. Support underlies the market at 22574 and 22364.

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