Closing Time

UPDATE Closing Bell: I do see some intrepid buyers step in the last 10 minutes but there was no meat in it.

Based on my current count it doesn’t make much sense for the market to suddenly start racing upward. Besides, buyers are MIA at these levels and it’ll take some volume as a catalyst for the rest of the herd to join in and kick us into 4 of (5). Although I wouldn’t bet my first born on that count (too late – he’s already laboring in a South African goldmine) it would look a lot cleaner if we drop all the way into the 660 zone.

However, as I’m typing this the futures are racing up, so maybe a reversal is brewing and institutionals were waiting for the bell to show their cards. According to EWT rules we only need to breach the low of wave {iii} to complete {iv}. I personally don’t feel like holding anything overnight at these levels – doesn’t make sense unless you have a gambling addiction and have been banned from all Vegas casinos.

Beautiful Zero signals all day – couldn’t ask for more – it really killed it today. Got us into the game early in the morning and never kicked us out. Added bonus was the Zero Lite divergence which I outlined on the right side of the chart. This thing is really growing on me – and based on the emails I am receiving most subscribers seem to enjoy it as well.

Shop smart – shop Zero-Mart 🙂

Cheers!