Tuesday, January 19, 2016

Jan 19, 2016 weekly outlook

A four day week, relax Monday because no market meltdown in the USA. 

Appears we may have a couple more down days as we get a short  cycle bottoming and given a market that seems to want to fall doesn't take a lot of down side pressure to take the market down.

Notice the longer cycles are down and will not bottom until around the end of February - almost 7 years from the bottom in 2009 (7 year cycle):


GL traders.

For Day trading:
 
 
 

 
 

 
Good Luck day  traders

3 comments:

  1. will update/replace short term charts (see chart date bottom of chart)

    ReplyDelete
  2. Missing run up in RWM by selling yesterday afternoon. Stopped out of SPY early AM for a small % loss.

    ReplyDelete
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