As we said this latest part of the rally includes several positive days and then a “wipeout day” that brings teh clock back.
Exactly how Friday was. The wipeout day took off a neutral day and 4 positive days.
In the short term, the first time we were at 1865 was the 12 March, 4 March and the very first time (intraday) 28 February.
So a day winded back the clock a month! Still in my personal model I got 2 Sells (Nasdaq and Russell early last week) and
SP500 is in critical condition…but not dead yet
