Ideally, the 4 day cycle should take the market down tomorrow, but the RSI suggests higher prices first. Any move to SPX 1435 would be suspect this week. 1364 is still my target for Jan 22/23.
I was looking for slight up move to day, but it exceeded my expectations by a few strokes.
The PPI data will likely be the catalyst for any move tomorrow. My system says stay safe and do not bet. Too many confusing contra-indications.
Pollees Still Bearish, I Was Looking For Slight Upmove
Started by
blustar
, Jan 14 2008 10:11 PM
1 reply to this topic










