Okay boys and girls I'm am going to be all over this market like a cheap suit.
Over the next few weeks we will probably get more volatility in the market with significant moves in both directions. But and a big but is one of the stronger Buy Signals to look for in an oversold market is near the end of the month or at the beginning of the month when the Relative Strength Index (RSI) (which I follow a lot) closes below 10 and the 5 Day Stochastic is below 10 as well.
For example back in late February and early March two oversold Buy Signals were generated in the SPY's -proxy for the C fund. One Buy Signal was triggered on February 27th when both the RSI and and the 5 Day Stochastic closed below 10. The entry date was at the open on February 28th and the SPY's then gained over $1.50 from the entry price on that day. Meanwhile a second oversold Buy Signal was triggered on March 5th when once again both the RSI and 5 Day Stochastic closed below 10 . The entry date was at the open on March 6th and the SPY's then gained over $2 within a few trading days .
So I am looking for a big pop Monday with some follow thru on Tuesday and maybe a good week overall.
I hope for my sake I am right.

:worried: I am hoping for a little I fund cross action as well. We will see but I think it is time to put foot to ass.
white
