comments and outlook for 05-04-2011

Today played out much as expected...  Tomorrow may well be the most interesting day of the week as there are 3 short cycles bottoming during the day.  So it should be no surprise if we are down hard the first half of the day, but maybe some bounce back by the end of the day.  Still the day should be down at the end of the day.  The 22 day cycle should have (or will top tomorrow) topped.

Here is a visual:

GL traders.  Do your own analysis, line up your buys.