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Friday, 01/18/2019 11:37:38 AM

Friday, January 18, 2019 11:37:38 AM

Post# of 215
Impressive market, looks like it might zoom up to the 200 MA without a pullback. Once there though (2741) I would expect a pullback and consolidation.

Watch the RSI (Relative Strength Indicator) - when it hits 70 or higher next week (currently 61.52 and rising) we'll probably be at the 200 MA and then will come the pullback.

The CCI indicator is also a useful timing tool. When it hits 200 that should correspond to the S+P reaching its 200 MA and also 70 on the RSI. The CCI is currently 131.64 and rising.




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