3/4/2014 – A massive stock market rally with the Dow Jones up +227 points (1.41%) and the Nasdaq up +74 points (1.75%).
Traditional media would lead you to believe that today’s rally was due to ease of tension between Russia and the West. Once again, looking at the market in such a fashion would be confusing cause and effect. Yesterday, I had mentioned that the market will close the gap it had opened up on Monday. It did so today, but it did open up another large gaping hole on the downside. When will it be closed? It’s not too important at this stage.
Either way, as I indicated earlier, the volatility is back. Today we had an arrival of an important cycle from 2007 top. An exact hit. This cycle is the most likely culprit in today’s rally. With many cycles and points of force interfering with each other I continue to believe that March will be a very volatile month. So far, that has been the case.
As I suggested in my earlier forecasts the markets are close to a very important point of inflection. I did give a number of dates (please see yesterday’s forecast), but the price variable remains fixed. Let’s see if the market is able to reach XXXX on our first target date of XXXX.
When it does, it will mark a structural shift in the stock market. With a proposed plan of action outlined throughout our daily and weekly updates, I am confident you will be very well positioned to profit from it.
In terms of trading and positioning, XXXX
Please Note: XXXX is available to our premium subscribers in our + Subscriber Section. It’s FREE to start.
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Thank You For The Rally Mr. Putin. Plus, Market Update Google