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Daily Note

The Market Has No Memory

Apr 21, 2021

Thomas Thornton

  • Today’s market is the opposite of yesterday
  • The market has no memory from day to day
  • Today’s note has some comments that are relevant to Tesla.
  • The large number of DeMark exhaustion signals within the S&P
  • US Dollar – risk now could see a little lower before higher
  • US 10 year yield now has an upside wave 5 price objective.
  • I still like Gold and Silver however they are getting late into their upside Countdowns.
  • Lumber and Corn could see pullbacks ahead.
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