Closing in on targets …
As talkingheads and public becomes extremely bearish, WATCH OUT …
We might be extemely close to a BOTTOM … at least for a decent bounce …
Every day we hear new superlatives … worst year since … worst performance since a.s.o.
WATCH OUT for a REVERSAL!!! FDAX 3.6xx sounds good S&P below 700 … it could/should happen this week.
My idea is to see an initial bounce, then a retest or even taking out of the lows towards the March Futures EXPIRATION, then a decent bounce of more than 25% into May/June.
Don’t get to bearish here. Look for COVER 
One hint … China led us into the mess … China is double digit UP this year 
Tags: BOUNCE, expiration, outlook
