Here is a visual of the market (SPX):
GL traders
Sunday, November 3, 2013
Nov 4, 2013 weekly outlook
The big cap stocks (S and P, Dow) do not seem to want to pull back and give us a cycle bottom. On the other hand the NAZ and Russell 2K were down for the week. So we have a mixed market whereas I expected a pull back of the whole market. But the down leg of the cycle should last most of the week. We will know by Friday.
Here is a visual of the market (SPX):
GL traders
Here is a visual of the market (SPX):
GL traders
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I too am hoping a down week is in store. I show a good old fashioned DeMark Trendline downside target of at least 1730 this week...hopefully more downside is triggered after that.
ReplyDeleteMonday started out green.
ReplyDeleteI hope we are up to 13 nov in 18xx and descend in 1690 as had been predicted Inlet. I totally agree with your prediction inlet, very helpful to me. Tq Inlet.Gbu
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