Special Update_2023_05_16

Everything about the charts below suggests the universally anticipated sharp move may be about to begin. The DOW looks like it is the early stages of an Initiative move to the downside. The SPX and RUT closed near their respective …

Significant Accumulation Continues

The stock indices continue to be bid in almost desperate fashion. This is probably putting in a momentum peak. and more two-sided trade will soon begin. Do not try and fade this market unless/until at least the previous day’s HVN …