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Post# of 51848
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DowDeva

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DowDeva

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Re: Oddlot post# 49584

Monday, 10/15/2018 1:11:17 AM

Monday, October 15, 2018 1:11:17 AM

Post# of 51848
"...My natural inclination is to be a bear, but a rally from here is likely...

I agree. Despite several s/t bullish divergences in breadth charts I posted yesterday, I do not like the look of this thing all. Also, other breadth charts not posted have no divergence yet and don't have the saturation of complexity that signals a true IT (several weeks to months) rally.

Also, cruised several threads in various trading forums and too many people, although all long term expert traders, are looking for a rally next week.

If by chance there is a rally, could be capped at 281-281 SPY.

This thing could get ugly real fast.

We'll see in the fullness of time.

~d

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