Market Nears Important Top

Today's social mood pattern implies a "calm before the storm."  The MarketMood Indicator is up for the day, but there are increasing risks on the long side.  Tomorrow's MMI is uncertain and there is no detectable directional bias.  There is a change of trend window (and sharp drop alert) through April 5.  A high may already be in (if Wednesday's high is not breached).

Dr. Cari Bourette is an analyst at ElliottWaveTrader.net, where she provides her proprietary market mood analysis in our flagship service, "Avi's Market Alerts."