12/29 Ultra-Short-Term Indicators: Readings were somewhat elevated. Yesterday's climactic readings did turn out to be characteristic of an initiation to lower prices. With readings still elevated, I would expect a continuation
Conclusion: Short-term indicators are leaning bearish, but still could rebound from previous lows at the zero line. The intermediate-term indicators do look bearish and as the longer timeframe has an effect on shorter timeframes, these IT indicators tell me that those short-term indicators will probably resolve negatively. This suggests a bearish January
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