Friday, December 7, 2018

Weekly outlook Dec 10 2018

The expected "W" pattern completed Monday and then the market fell the remainder of the week.   For the year (so far) the market fell into negative territory for 2018.  Needs to fall a bit more to break the February low.

I believe new lows are likely as the 10 week cycle seems to be strong and if we are to  get a Santa Claus rally it needs to start soon.

GL Traders


 
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1 comment:

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