Kamis, 24 November 2011

11-25-2011 outlook

My outlook for Wednesday was a total miss.  Friday is half a day....

The 34TD cycle is up.  The 4.6TD cycle is up.  The 22TD cycle, 11.2TD cycle and 2.8TD cycle are down.   Also it appears there are longer cycles down and at work, so I expect we continue to see weakness in the market.  This should continue until Dec 1/2. 

Here is the SPX swing cycles (my interpretation):

GL traders.  Hope you had a good Thanksgiving.  Get prepared to cover shorts and go long toward the end of next week?  Do your own analysis.

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