Last night’s price action is very typical for end of qtr.
Risk spreads and rollover gaps have been filled.
Now that initial swings have been fulfilled we’ll await NYSE open to se who want s to bottom fish.
The past couple of small selloffs were on Tuesday followed by gap ups on
Wednesday.
The weekly ORL sell stops are all that is left to elect.
New Index lows should be viewed as a bear trap, a place to pick up the indices with a tight stop.
Below is the recent Zulauf interview.
https://youtu.be/N0C3oJ90ZwA?si=BRa6TfSvvTFxUGw-
