April Money Showers.. Bring May Systemic Global Financial Crises

The wedge that has been forming on IXIC seemed to have completed into the close today.

As the age-old children's rhyme suggests, don't touch the Nasdaq in May. Especially when preceded by April money showers.

-Not With A 10 Foot Pig-Pole


IXIC
NDQ
CURRENCYCOM:US100
SPX
NAS100

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If you took a short, here's a very basic map. Would be cautious with profit-taking on the way down regardless of whether this path is followed: