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Re: stiv post# 567

Sunday, 01/06/2019 7:10:23 PM

Sunday, January 06, 2019 7:10:23 PM

Post# of 2188
Commentary and chart analysis for the SPX is also provided by FXEmpire.

Here is last Fridays posting -

https://www.fxempire.com/forecasts/article/sp-500-price-forecast-sp-500-gets-boost-from-jerome-powell-545714

I have begun following this daily. C Lewis is becoming a favorite for me.

I also follow A Gilbert. Here is his latest.

https://www.marketwatch.com/story/the-next-drop-in-the-sp-500-is-a-buying-opportunity-2018-12-31?mod=avi-gilburt

The analysis of C Lewis and A Gilbert are similar.

My current thoughts are to stay in LABU for another few days to see if last Fridays spike up is sustainable. If the S&P hits the resistance C Lewis is identifying in this analysis, I bail out, and look to see if now is a better time to get into GUSH.

I may get into SPXS for the ride down if I am quick enough.

Of course, if C Lewis is wrong, and last Fridays market spike up IS sustainable, the I stay in LABU for a longer ride up.

A Gilbert suggests if a rise in the coming days is sustainable, we could have seen the bottom, and if not, one more spike down, then up we go.

I am thinking I want to be in GUSH for any real move up.

GLTY

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