Comments and 1-28 outlook

The day started as expected and looked similar to expectations for the first couple of hours - then spent the rest of the day going sideways where as we had expected some down action.  Clearly the shortest cycle(s) were having little impact.    So we got an up day (when I was looking for a possibility of a down day).  Not a great projection.

Tonight I have dropped the shortest cycle and added the next longest cycle.  It looks like a down day.  Starts off with a slight down move the first 2-3 hours and then the down turn accelerates into the close.  Here is the chart:

Caution:  these projections may/may not be accurate.  Short term movements can be difficult to predict.  Do you own analysis, watch the market and trade what you see.

GL traders