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JTH

PnF: Choppy, Mixed & Manic

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Markets are spewing chunks and what was supposed to be the best month of the year, laid a big fat goose egg for many of the indexes.


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AGG
Ouch! Suffering the single largest O-column this year, AGG has met its bearish price objective. At this juncture, I won't venture to guess where the bottom is, but I will watch for a recapture of the 111.03 or 50% of the recent decline.
Soooo....is this it?-2015-04-30-001-png

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SPX
Flipping back over to bearish (for like the gazillionth time) SPX now has a 2038 price objective. But before we get there, we do have a spread double bottom to test at 2075, a double at 2048 and a triple at 2043.Remember, on this chart each box is worth .25%
Soooo....is this it?-2015-04-30-002-png

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W4500 arrow
Small caps have not performed well this month, I consider that a huge warning sign and the recent column of Os is a serious breach of price action, eclipsing the previous 6 Os.
Soooo....is this it?-2015-04-30-003-png


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Transports
Transports went bearish too, with a substantial -6.08% or 8172.67 price objective (tentative)
Soooo....is this it?-2015-04-30-004-png


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NASDAQ 100
Last index to holdout, but has flashed a High Pole Warning where the recent column of Os have overtaken more than half of the previous column of Xs.
Soooo....is this it?-2015-04-30-005-png



Not much to say, I believe the price action speaks for itself…choppy, mixed & manic


Trade safe…Jason

Soooo....is this it?-2015-04-30-006-png




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