Most of the indicators look poised to indicate a market turn-around to the bearish side. On the top graph, both the CPC and CPCE are in a spiked up position, but are waiting for the VIX to spike up for confirmation of a turn-around.
If the stocks go down on Monday, most of the indicators look ready to signal an enter short and exit long position. But as previously explained, the financial institutional managers have a vested interest in keeping the S&P as high as possible through Tuesday as their bonuses are often predicated on quarter-end results. The market will revert back to dynamics unaffected by this influence on Wednesday, April 1.
The market is short-term heavily over-bought and normally requires a correction should it decide to move higher. It is my opinion the correction should take us down to 750ish range for the S&P.
The 15-min Stochastics suggests stock prices should decline in the morning on Monday after market open. The 30-min Stochastics is indecisive, but is near a bottom suggesting stock could rise overall on Monday.
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