Bears Hit Bulls

Please click here to enlarge the chart.

About a week ago I wrote to you that the market was in its key decision zone. A convincing break above the December 2022 peak would augur in a new bull market, otherwise a continuing bear market, probably breaking the 2022 lows. A “convincing break” would have four parameters: a rally above the December peak by the Dow, the Nasdaq, and the S&P, plus the weekly NHNL rising into its bullish zone.
 
 The Dow remains below its December peak, the S&P staged a false upside breakout and is now below, only the Nasdaq is above; NHNL never left its neutral zone. The bearish scenario has become more likely.
 
 This is why I invite to join me in the intensive class near Amsterdam on May 20. I will share with you how I analyze markets and make trading decisions. The lowest rate remains available only until March 1.

Our only scheduled class in Europe in 2023

You’re invited to a unique intensive day-long class near Amsterdam with Dr. Alexander Elder. It will be held on Saturday, May 20. You will learn trusted trading rules and techniques. The class will focus on decision-making in current markets. Group size is limited to 25 participants.

Bonuses include free access to Dr Elder’s private webinars and weekend stock scans. Cost $599 – but only $429 before March 1. For more details and to register, please click here.