Senin, 17 Oktober 2011

10-18-2011 outlook

The expected top may have been Friday?  Today's action down was more like what I am showing for 10-18 on my charts.  I guess we see tomorrow if I am off by 1 day - because I am showing everything except the 22TD cycle down tomorrow (and the 22TD cycle should be fading/losing "mo" fast).  Also. we may have seen the 20 week (wall cycle) top.

My charts show lots of downside potential tomorrow unless that happened today.  Here is the SPX:

GL traders, exact timing is difficult.  I did tell you late last week we were getting buy signals for RWM and QID and they did well for me today.  

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