4/14/2026
stocks go where they want, no matter war, high oil prices, you name it. Today's high calls into question the wave count given the 1/28/2006 7,002 last high. If that 1/28 high is taken out, all the assumptions are wrong which is rather stunning given the high oil prices et al.
At this point all I can say is let teh market tell us where it wants to go. Yes on the 195 minute chart the market looks quite toppy, but frankly it should have already turned down.
No comment on bonds or silver.
Next update tomorrow.
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