Monday, April 15, 2019

SPX and INDU: No Material Change

Friday saw the market gap up, as is its wont of late, then grind around and go nowhere else for the day -- as is also its wont of late.

Accordingly, there's nothing at all to add to Friday's update.  If you'd like to reread it, it can be found here:  Friday's Update.

(Sorry, in this market, I couldn't help myself... Friday's actual update can be found here:  No, really, this is Friday's actual update, I swear.)

I've updated the last two charts anyway, and added a potential "if/then" on INDU's chart:

Literally nothing to add to SPX:

In conclusion, there's just nothing to add since Friday -- as I noted in that update, the larger inflection point will take a few sessions to play out.  Trade safe.

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