While US stock market bulls are near to establish a bottom above 2334, a bottom area which had just begun to gain increasing odds to hold the lows starting in the second week of April 2017 after recent initial jobless claims dropped and ADP data showed stronger job creation --- now the market can easily fall back into the hands of the stock market bears in the next weeks, because of several black swan events which already happened (Fed surprisingly announced reduction of their balance sheet, US attacked Syria, which complicates their relationship with Russia, terror attack in Sweden and "Apple" is rumored to delay the iPhone 8 launch to October or November, 'iMac 2017' likely to be released In 2018 due to delays).
And because the bears lost time in the neutral sideways trend during the first week of April, the move of the bears could get even more severe than I had expected in March.
Many thanks for your awesome posts! I have gone short last night and I was wondering do you think this strong pullback will begin Monday or next week or are we still a few weeks before a move to 2300?