Epilogue – 4/12/21

Epilogue – 4/12/21

Both the NASDAQ 100 and S&P 500 Indexes stuck right to my script yesterday, delivering another balanced day and profile inside Friday’s ranges. The best trades were right from the edges as predicted. Holding their own following multiple up days in a row, a balanced day of consolidation adds to the bullish narrative for now. 

But the same cautions abide, as we expect a minor dip into mid-month, and we continue to be on alert for the 18-month cycle peak sometime between now and May 15th. We will know it when we see it.

AF Thornton

Website: https://tradingarchimedes.com

A.F. "Arthur" Thornton is an expert in logic, risk/reward quantification, market fractals, pattern recognition and asset class behavioral analysis with 34 years devoted to developing algorithmic and quantitative trading systems. In addition to trading his own capital, Mr. Thornton designs custom algorithmic and quantitative trading systems for a small and exclusive group of exceptionally qualified traders.

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