1/18 Ultra-Short-Term Indicators: No particularly climactic readings. The VIX is making its way to the bottom Bollinger Band which usually means a bounce
Conclusion: Short-term indicators suggest a bounce or more sideways movement. Intermediate-term indicators imply a decline or more sideways movement. There is speculation about how the upcoming inauguration might affect the markets on Friday, but looking at the sum total of the indicators, we are likely to see more sideways movement overall.
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