Pay attention to EXTREMES April 29, 2026
Just saying folks …
INTC – really? I mean look at that move !! It blew thru the ABCD but has now hit the EXTREME measured move that took the mania into the tech high of the 2000’s … hmmmmm. I’ve got some extension and projection targets higher as shown BUT the point is, look at that EXTREME move …hmmm.
But wait, there’s more! Anyone seen or heard about the Dow Jones Transportation Average?
and, well look at that, here comes the price of gasoline! What an EXTREME move …
So, from a socio-economic perspective I just wonder, what the underlying vibration is to cause such EXTREME behavior. Not sure anyone remembers but just a few weeks ago we had a planetary parade and a major alignment of many of our planets … I’ll let you draw your own conclusions from that statement.
Perhaps, to put in my good friend, Ponch’s parlance, perhaps some sort of ‘outside behavior’ was given a snapshot in time to reorient us into extremes.
We’ve seen these patterns before my friends. You know it and you feel it.
If you are long and have been running w/ the bulls I’d stay w/ it … there is a probable (flip the coin) chance this puppy could explode in a parabolic lift off.
If you are trying to chase it and get in … i wouldn’t enter here. People who have been long will have an opportunity to evaluate a stop loss and control losses IF this is a big pullback. Getting in now, COULD be like getting in right at or near the top. Sorry, might need to wait this out and go look at Bonds or some commodity plays,. (Silver and Gold are going to make new highs again .. I”m watching that one closely, just haven’t been posting about it. Just not yet is what I’m thinking ..we’ll know in a week or two. This will – more than likely be a BIG MOVE just due to the geopolitical nature around us.
For those looking to short, just have to be patient. Just waiting on a GOOD LONG TERM sell pattern. And that’s the point. A LOT of the long term patterns to short the market have failed. So, don’t be surprised if this market propels higher. Just have to wait.
And, one last example. KABOOM and off we go … show me – one time – where a take off like this has not led to a spectacular crash. Folks, it’s taking off parabolic so, again, if your riding this wave stay on it – it could go for a year or more w/ this chaos and emotion BUT be quick to bail because it’s close to some targets. Else, just wait … off she goes!
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