Home > Stock Market Strategy, Stock Market Timing > WALL STREET CRAPS STOCK MARKET STRATEGY MARCH 12, 2019

WALL STREET CRAPS STOCK MARKET STRATEGY MARCH 12, 2019

March 12th, 2019

craps front coverSTOCK MARKET STRATEGY FOR MARCH 12, 2019: The stock market made a nice short-term bottom last Friday after a sustained move down. Although the prices didn’t go down much, the internal indicators were clearly oversold. My only hesitation was that the “Volatility Indicator” was only mid-range and I was concerned that the selling would continue for one to two more day. But I was wrong.

Key underlying short-term timing indicators show the following:

***********

THE BOTTOM LINE: The market may have reached a bottom that could propel the general market to new highs. It is now primed to “climb the wall of worry” to new highs without much resistance. For those like me who missed it, there may not be a good place to reenter the market here.

Be Sociable, Share!
Comments are closed.