Seems like we are going to have a new high.
It’s early still and things may change, but as Irish politicos are telling their people about the cuts and hardship they are going to receive from their budget masters, market seems to be giddy and bullish.
Anyhow, if we do gap up, it would be the second gap since the recent low and it would be the new high that is required for a 5th wave to achieve.
I would pay attention to short term levels I discussed last night in the premium post and also to the way MAs behave as I discussed in the premium post.
Those levels may rise and I will keep you informed
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