Two reminders… REMINDER ONE: First,

Two reminders…

REMINDER ONE: First, the three-part training series”s first session is Thursday at 6:00pm ET. More info is here:
http://marketfy.com/product/rod-davids-futures-market-timing/blog/1176/view/74924/

REMINDER TWO: The front month rolls forward from Mar to Jun at Thursday”s open. Values in the Bias Parameter table are based on Jun.

Meanwhile, the Jun contract seems poised to roll over a cliff. There are only two times when it feels this way, and usually it is within hours of reversing its trend back up. The other time it feels this way is when it”s about to roll over a cliff. The cliff can”t actually be avoided in either instance, Rather, the market must dangle briefly over its edge, and then discover that everyone has sold already, before a real recovery can begin.

And that”s been the missing element to a bottom, which is that Friday and Tuesday”s big drops haven”t expended all sellers. Each drop has expended buying pressure trying to avoid the cliff, instead of preserving that energy when it can be used for recovering from dangling over the cliff”s edge. May 6, 2010, felt like this. But, don”t worry — that episode was over in a “flash.”

Here”s the recording to Wednesday”s post-close Market Wrap
https://roddavid10.mitel-nhwc.com/join/ypyhcps