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Saturday, May 25, 2019

MEJT stock market forecast for 27 MAY 2019... strong gap up on Tuesday?



A gap up scenario is possible but I'm pretty sure that it would be short lived.
We could have a dead cat bounce up to test the TD trend-line (previous support on daily chart) and then turnaround and  dive below 2800!
Risk Off!
Do not make mistakes, lower lows on daily chart are expected.


Having said that, I still believe we will move higher into the new moon around June 3th !
Prepare for some rock and roll market moves 😉 

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