Sunday, January 8, 2012

01-09 outlook for the week

We should have a longer multi-week cycle bottoming by the end of the week.  We have two multi-day cycles that appears will bottom by Thursday close.  We have a short cycle up two days then down two days into Thursday close.  For the week expect a low Thursday with a bit of recovery on Friday.

Here is the SPX:

Gl traders

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