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TREND1

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Re: None

Tuesday, 11/22/2016 6:19:30 PM

Tuesday, November 22, 2016 6:19:30 PM

Post# of 200
11/22/16




Ultra-Short-Term Indicators: The CVI reading dropped slightly and the Participation Index - UP was about the same as yesterday. I don't think this changes the possibility of a buying exhaustion. The VIX certainly could rise further. A reading below 12 is generally a place to expect a decline.


Conclusion: No real changes in my outlook. Short-term indicators are bearish and in a negative divergence with price. I would expect to see a throwback to original all-time highs first and then a resumption of the rally.

MAIN BOARD http://investorshub.advfn.com/TRADING-3X-TNA-TQQQ-SPXL-RUS-2000-FUTURES-12981/

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