The calendar shows a broad top for the week coming up (a turn down?) and two peaks around Thanksgiving (expected low turn).
http://spiraldates.com/2011/charts/scores_1011.png
FYI - there is also a Bradley turn date around Nov 22 which correlates to the second tops on the Spiral calendar.
Phil Davis wrote that he went bearish over the weekend.
ReplyDeleteKeystone Speculator warns that the market effects caused currency moves (Japanese Yen) are often short lived.
I read the SKF board and the members there feel the markets could sell off until about Thanksgiving, then will rally after that.