[B\ulls seem to have the near-term ball with the previously discussed C-wave rally possibly unfolding now. Whether they have enough to get over the all-time high, or if this is just another retest of it, remains to be seen.
And SPX looks poised to open near the upper bounds of the C-wave target zone:
COMPQ also appears it will reach its "more likely 20K+" target zone:
NYA continues to follow the "or?" path laid out way back on December 18:
Finally, INDU has not only retested the blue line as expected a week ago, but has clawed back over it:
In conclusion, today will retest the zone near the all-time-high. This move seems to have a lot of momentum, so we'll see if bears can mount a defense or not. Trade safe.
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