Turning Point Convergence

There is a MAM (Moving Average Momentum indicator) significant change of trend window through April 5.  There is a SDA (sharp drop alert) through April 5 (possibly extending to April 8).  Finally, there is now a MM Turn Date on April 5 which means look for an important high or low at or near April 5 (turn dates imply change, but don't give direction).

In the meantime, nothing is saying that a high is in, and the MM MACD continues in swing buy mode from last Wednesday.

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."