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Thursday, 01/28/2016 5:59:22 PM

Thursday, January 28, 2016 5:59:22 PM

Post# of 200
1/28/16 Conclusion: Yesterday had many concerned about the likelihood of a continuation of this bear market rally. I see weakness, but it is showing itself through very measured a small gains rather than a big rally. Our deeply oversold intermediate-term indicators normally present before nice long rallies, but in a bear market environment, the best that can be squeezed out is this less than exciting consolidation and small positive price gains. Until intermediate-term indicators get less oversold, I see more of the same consolidation and small price rallies.
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