LOCK AND LOAD

That's the theme for this week as the market moves further down into the Fibonacci retracement zones and gives us another opportunity to make a little money in these difficult times. I'm not expecting a deep retracement off the March 6 low rally, but a rather shallow one.

The five wave structure off the March low is the IMMEDIATE DOMINANT TREND, with that said, the march low should not be violated for now.

In the 3 charts below, there is an area where I believe is a good place to buy and participate in the next market rally.

Good Luck,

Leo