Thursday, January 13, 2011

01-13 comments and Fri outlook

As I indicated in yesterday's comments I expected a down bias for Thur and Fri.  We got a minor pullback today and that should continue tomorrow (maybe with a little more push).  Toward the end of day (and week) we have multiple of these short cycles making lows.   So the day's lows could easily be near the end of the day. 

See for yourself:

GL traders.  Do your own analysis.

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