FOR WEDNESDAY:
It is a day to be very careful. I believe the market will open and start moving higher or start with a gap up before reversing to the downside. My expectation is for a down day (but there is no reason why it can't be an up day, since I also have bullish looking charts). I base my expectation on what I believe is likely to take place for a few days (sideways) before the break higher.
So if a bullish play gets activated, be very careful it is not a bull fake out move. If there is ever a day bull plays get stopped out, tomorrow will be that day. I'm not comfortable with bull plays for tomorrow but I will do as the charts direct. Keep in mind that MY OPINION DOES NOT MATTER. So go with what I have on the charts.
NOTE:
If a bear play is activated but does not get to the target, the play can be held overnight with a likelihood of it getting there on Thursday before reversing higher.
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