Despite the delay in the onset of the market's next leg down, one still being best labeled as a third wave down at multiple degrees of trend, i.e., TROUBLE, the pattern remains in tact and on course: SPX The market is closed next Monday in observance of Martin Luther King Jr Day. That sets up tomorrow, Friday, as a potential reversal day, with fireworks commencing at next Tuesday's Open. As always on three-day weekends that are celebrated mostly on our own shores, we will be watching foreign markets Sunday night and Monday, including Bitcoin, for any price drama what will be waiting for us next week. But first: Friday.
