Tuesday, November 4, 2014

Nov 3, 2014 weekly outlook (Updated)

The current week should have seen the topping of the 20+ TDs cycle.  If we get a right translated top (past cycle midpoint) we could see slightly higher highs on S&P early in the week. but expect a top no later than Tuesday  even in that case.

GL traders

Bought some RWM on Friday, 2 cent per share loss at close.

11/4 update at the close:  So far volatility less than expected,  but appears top forming.

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