Saturday, October 10, 2015

Oct 12, 2015 weekly outlook

Need to refocus on shorter swing trade cycles as market works sideways.  Last week was focusing too much on longer term outlook and missed the short term possibilities.  Volatility should continue as we have lots of issues (China, Syria/Mideast, no FED decision on interest rates, slow employment growth, etc).  So I have refocused on the shorter term possibilities.

Last week we had short cycles up.  This week short cycles mostly down, so expecting a negative bias.

GL traders

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