12-02-2011 outlook

Not a lot of movement today.  I suppose we could get news out of Europe over night.  We know in the morning we get Nov employment numbers.   Unless a huge surprise probably not a big market mover,  So not much of a change from today.

 The 22.5TD cycles and its component cycles should bottom tomorrow. If we get a 2-3% dip it would be a long buying opportunity.  On the other hand if we get a 2-3% rise might justify buying a short ETF like RWM for a short trade because in my opinion the market will be out of sync with the cycles.

My interpretation of the SPX swing cycles:

GL traders.  Have a good day and weekend.