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We've seen a significant daily swing top form for 4/21 turn date, resulting in the current pullback. But now, we are in 4/24 turn date territory and looking for a swing bottom.
Now is a good time to re-establish the bullish side to this market, with the time target to be the same as it was originally, 4/29-30 for a daily swing top.
Cheers!
Rick J Ratchford
ProfitMax Trading Inc.
http://www.amazingaccuracy.com
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Disclaimer: NO BUY, SELL or HOLD Recommendations.
Commentary and Forecasts made are for EDUCATIONAL PURPOSES ONLY and are not to be construed as a recommendation to buy or sell anything. All forecasts and analysis are produced with the aid of FDates, dynamic daily/weekly cycle turn dates calculated using the proprietary FDate suite of applications and published each week via the FDates Precision Trading Membership (AmazingAccuracy.com). In spite of the exceptional accuracy of FDate analysis, the regulatory agencies require that you be aware that "past performance is not indicative of future results." Trading is risky and heavily leveraged. The potential to make large profits also includes the potential for losses.
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