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Re: ReturntoSender post# 11403

Monday, 12/26/2016 10:05:50 AM

Monday, December 26, 2016 10:05:50 AM

Post# of 12809
Leavitt Brothers Weekly Update:

http://leavittbrothers.com/pdfs/LB%20weekly%2020161225.pdf

Overall the market looks great. The trend is solidly up, and there are no major, long-term warnings.

There are however some short-term warnings, so odds right now favor either a minor pullback at some point in the next few weeks or at the very least more sideways movement that allows the indicators to cycle down and the charts to reset themselves.

This is what I'm looking for - limited upside or a minor dip to play out...then a continuation of the uptrend and more, across-the-board new highs.

If you're a longer term trader or investor, you can probably sit tight...although always have a plan for each position.

If you're shorter term, trades to the long side are still doable, but recognize we're looking for quicker traders, not the beginning of big moves.

Have a great week (if you're around). I doubt much will happen.

Jason Leavitt Jason@leavittbrothers.com

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