Monday did start with a gap lower but it wasn’t much of a decline and thus points to cycles starting to go sideways. Smartp Neural adjusts PRICE as TIME elapses on Cycles.
We are at the cusp of a major HSI rally targeting 23831 in September 2013.
While we may see 1 solid dip on Tue or Wed of this week, take it as an opportunity to go long on HSI with the aforesaid targets. Downside for this week is limited to 22114 and may further erode if Tuesday can move sideways to up as well.